Academy of Motion Picture Arts and Sciences President Sid Ganis said late Tuesday night in a statement, "I am relieved that the men and women of the entertainment industry are going back to work and I am ecstatic that the 80th Academy Awards presentation can now proceed full steam ahead with talented writers working on the show, a fantastic array of presenters and performers and, most importantly, the ability for all of our honored nominees to attend without hesitation or discomfort." A press conference is set for Thursday to talk about the details of the upcoming Oscar show.

In announcement today, Vanity Fair announced the cancelation of their annual post-Oscars party. In a brief statement, they said, "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. We want to congratulate all of this year’s nominees and we look forward to hosting our 15th Oscar party next year."

Some 113 feature films are set to screen at the 15th South by Southwest (SXSW) Film Conference & Festival in Austin, TX. Running, March 7 - 15, 2008, the event's showcases are the documentary and narrative feature competitions. The complete competition lineups are available now at indieWIRE.com.

Get the latest at indieWIRE.com.

The complete SXSW lineup is available below.

With word of a pending WGA strike settelment on the horizon, leading New York independent production companies GreeneStreet Films, Killer Films, Open City Films, and This is that corporation have secured interm agreements with the guilds, allowing them to get back to work immediately. Meanwhile, numerous media outlets have reported this weekend that a broader settlement to the strike is imminent. [Eugene Hernandez]

Additional details and quotes are available at indieWIRE.com.