The Oz: The Great & powerful actor pretended he had trekked to the comedienne's native Australia - "the real Oz" - and found Wilson sitting outside a tent in the outback, where he told her she had been "chosen" to host the awards show.
Recalling his own Oscars night disaster when he co-hosted the Academy Awards with Anne Hathaway, he joked, "Hosting is a blast. You are not gonna regret it for a second... Trust me, nobody will ever say anything bad about you. It'll be totally fun, cool, yes."
Wilson then stepped into an Iron Man suit Franco called Iron Man-gina and 'jetted off' to the Sony Pictures lot in Los Angeles for the ceremony, where she fell from the rafters and announced, "I don't know if I can do this", before breaking into song and performing a parody of Eminem's Lose Yourself and a mash-up of MACklemore & Ryan Lewis' Thrift Shop and Alicia Keys' Girl on Fire.