Modern mermaid Marion Cotillard (in Jean Paul Gaultier) arrives at the 2008 Oscars held at the Kodak Theatre on Sunday in Hollywood.

Cotillard, 32, picked up Best Actress in a Leading Role for her work in La Vie En Rose.

She broke down in years the moment her name was announced. Marion managed to get this out before walking offstage: “Thank you life! Thank you love! It is true there are some angels in this city. Thank you! Thank you so much!” More Here! »

Vanity Fair marks the 14th year of its gigantic annual Hollywood Issue.

On top of all the starlets on the cover, everybody who’s anybody is featured in the inside photo spreads: Renee Zellweger, Seth Rogen, Charlize Theron, Naomi Watts, Emile Hirsch, James McAvoy, Marion Cotillard, Jodie Foster, Tang Wei, Josh Brolin, Casey Affleck, Eva Marie Saint, Ben Foster, Omar Metwally, Julie Christie, Gwyneth Paltrow, Robert Downey Jr., Keira Knightley, Jennifer Jason Leigh, Scarlett Johansson and Javier Bardem.

Check out the scans below!

FYI: Vanity Fair canceled its most lavish bash for the Oscars because of the writers strike. “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 Vanity Fair spokesperson. “We want to congratulate all of this year’s nominees and we look forward to hosting our 15th Oscar party next year.”

Newsweek has put together its 2008 Oscar roundtable including Angelina Jolie, George Clooney, Daniel Day-Lewis, Ellen Page, Marion Cotillard and James McAvoy.

Angie on A Mighty Heart:
“I was comfortable when Mariane [Pearl] was comfortable. But I wasn’t so comfortable the first day of shooting, when I realized his style was so unbelievably raw. There is often no rehearsal, no one saying “cut.” For example, you have three different rooms, and we would go into one room and we’d be talking, say our five lines, and he’d film us. Then I’d go pee, and I’d come out, and the camera was still on. So I’d think, “OK …” Then I’d say my five lines again, and that would turn into 10 more minutes of talking, and then someone would go get something from the kitchen and I’d go to my bedroom, and he’d follow me and he just wouldn’t leave. It was really odd. But it became just the most perfect way to shoot that film. It was chaos in that moment. It was very intimate, and my big fear was that something horrible might happen and the camera would be like this. [She gestures as though there’s a camera right in her face] But everybody was absolutely connected in every single moment. Even when we’d have lunch, we’d have it together at the table, or we’d all go for a walk together. We were just always present in the film. And so as an actor it brought me back to loving acting, and that was just great. But he does cross a line. One day one of the girls got sick and threw up, and he said, “Next time, tell us.” So he can be a little crazy. But I absolutely adore him.”

Visit Newsweek.com for the videos and the rest of the roundtable!

WHAT ARE YOUR THOUGHTS on the 2008 Oscar Roundtable?