Rob Lowe on That Sex Tape, His Oscars Flop and Dancing 'Naked' in His Living Room

The actor looks back as he takes on a comedic role in “The Grinder."

“It’s the story of putting someone wildly famous into real life,” Lowe told ABC News. “As actors we all think we know all of the various jobs we’ve had to act over the years. But of course, we don’t.”

Lowe appears to have learned a lot from his long history in the spotlight. And he looks back thoughtfully on both his successes and stumbles, like that infamous sex tape that almost derailed his career.

“It cost me money,” Lowe joked. “I think the concept now is, I’m told, you make money from them. I didn’t get that part right. It cost me money.”

But it’s not only the sex tape that pops up when looking back over Lowe’s famous life. His stint as Oscars host in 1989 will go down in history as one of the most memorable Oscars events ever. Lowe performed an opening number with "Snow White" that flopped.

“That was just a normal Saturday night, sans alcohol,” Lowe said.