James Franco has signed on to Harmony Korine's indie film Spring Breakers.  The plot centers on four college girls who rob a fast food joint so they afford to go on spring break in Florida.  To shock of no one, the idiotic plan fails and the girls get arrested.  They're bailed out by Franco's character, "Alien, a rapping drug and arms dealer who bails them out and entices them to kill his arch-rival, a murderer who is appropriately named Arch." Variety adds that Emma Roberts is in talks to play one of the co-eds, "Candy, a southern brunette who feeds off danger." If the plot doesn't devolve into an over-stylized quirk pile, Spring Breakers sounds like it could be a fun little flick.  Franco will shoot his part over the course of two weeks during spring break in Florida.

Franco recently dropped out of The Iceman, and is currently shooting on Sam Raimi's blockbuster Wizard of Oz prequel/re-imagining, Oz, The Great and Powerful.  He'll next be seen in the indies Maladies, The Stare, and Cherry.  He's also expected to star in Seth Rogen's directorial debut, The Apocalypse (formerly Seth and Jay vs. The Apocalypse). [Update: Variety has updated their story to add that Disney Channel alums Vanessa Hudgens and Selena Gomez are also in talks to join the cast.]