The big Vanity Fair Oscar party may be canceled but the biggest stars in Tinsel Town will still have a swanky party to go to.
Madonna and Demi Moore are joining forces to throw a huge private soiree following the big show on Sunday night.
"It gives the A-list Vanity Fair crowd someplace to go to," a source tells Variety. "It will probably be pared down to where it's 85 percent talent, not a lot of suits."
The location of the ultra exclusive party is being kept hush hush to avoid unwanted guests.
We hear Prince is also planning a hush hush party the same night. It's the battle of the divas! Let's see which A-lister shows up where. If you had the chance to go to, which one would you rather be at? Madonna or Prince's party?