While Oscar parties are getting canceled, Academy Awards organizers said they still haven’t received a response from the striking Writers Guild of America, to their request for a waiver for the Oscars.

Hollywood's Academy of Motion Picture Arts & Sciences admitted that they are "running out of time" in the search for a deal to avoid the Oscars being hit by the Hollywood writers' strike.

The awards are prone to being boycotted by stars who said they won’t cross a picket line to attend the Oscars, if writers do not agree to suspend picket lines for the ceremony set to take place in Los Angeles on February 24.

However, a waiver would mean striking writers could write for the telecast and a picket line won't be set up outside the event.

"We're running out of time," academy President Sid Ganis told Daily Variety.

"We have nominees and potential presenters who live all over the globe. I'm nervous. We're getting down to the final moments; we need to make plans."

But Ganis also said he was "feeling great" about apparent progress between the WGA and production companies.

"I'm a filmmaker and I want everybody back working," he added.

On Tuesday, Vanity Fair released a statement announcing they decided to cancel their annual Oscar party because its support for the ongoing writers strike clashes with the idea of a glamorous party.

"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," the magazine said in a statement. "We want to congratulate all of this year's nominees and we look forward to hosting our 15th Oscar party next year."

The editor of Vanity Fair, Graydon Carter, said that the cancellation was the proper thing to do, regardless of recent promising signs in talks between the striking writers and production companies.

"A magazine like Vanity Fair is a group of writers and artists, and we are in solidarity with the writers and artists out there," Mr. Carter was quoted by the New York Times as saying.

"Whether the strike is over or not, there are a lot of bruised feelings. I don’t think it’s appropriate for a big magazine from the East to come in and pretend nothing happened."

He added, "There will be something sort of liberating about ordering Chinese food and watching the Oscars in bed."