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Not in the past but he is nominated for best actor in the upcoming, February 2011, academys.

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James Franco is an award-winning actor for his portrayal in films like "James Dean" and "Milk". But the actor had experienced one of the most glorious moments in his life when he was nominated as Best Actor in the 83rd Academy Award for the biographical film "127 Hours". Directed by Danny Boyle, Franco played real life mountaineer Aron Ralston who cut his arm to free himself after he was trapped in a boulder for how many days. It was his first ever Academy Award nomination but he lost to Colin Firth for the film "The King's Speech".

He also hosted the said event together with actress Anne Hathaway, making Franco the third actor in the history of Academy Award to host and also get nominated.

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Q: Was James Franco ever nominated for an Academy Award?
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