Vanity's Fair

Vanity Fair has canceled its annual Academy Awards party, the magazine announced Tuesday.

"After much consideration, and in support of the writers and everyone else affected by this strike, we have decided that this is not the appropriate year to hold our annual Oscar party," said a statement posted on VanityFair.com.

Vanity Fair editor Graydon Carter decided to cancel the party after talking with West Coast friends and colleagues, said magazine spokeswoman Beth Kseniak.

"Inasmuch as Vanity Fair is a collection of writers, photographers and artists, we do feel ourselves in aligned solidarity with the writers, directors and actors in the film business," Carter said in a statement.

First you feature a handful of actresses who make my heart flutter on your cover, and now this? Vanity Fair, you're trying to seduce me...