Madonna to host Oscars party

Madonna and Demi Moore are throwing an Oscars party.

The 'Hung Up' singer will again team up with her actress friend and her manager Guy Oseary for a glitzy bash on February 22 following the success of the bash they threw last year at Guy's Los Angeles home.

The party will be strictly invitation only, and it should be a star-studded affair as last year's guests included Tom Cruise and his wife Katie Holmes, Ellen DeGeneres and her wife Portia de Rossi, Cameron Diaz and Orlando Bloom.

Despite hosting their own post-awards bash in aid of charity, Sir Elton John and David Furnish also attended the gathering last year after their AIDS Foundation benefit ended.

They will be throwing their party again this year for the 17th time and singer Raphael Saadiq admits he is stunned to have been asked by the couple to perform.

He said: "I won't believe it's happened until it's happened. It's unbelievable."

Vanity Fair magazine will also host their own Oscar night party after taking a break last year due to the Hollywood writers' strike but have promised next week's revelry will be less elaborate than previous functions.

Organisers are planning a smaller guests list and will use recycled decor to help save money and the environment.

Source