News : Oscar Partys Vanity Fair and Jennifer Lopez clearing up the nip slip at on Oscars stage

Call it the nip slip that wasn’t.

After Jennifer Lopez’s nipple appeared to escape from beneath her extremely tight, slightly sheer Zuhair Murad gown as she presented at the Academy Awards Sunday, the Internet was abuzz over whether or not J. Lo went too low during Hollywood’s classiest night.

Someone even gave a voice to the part of J. Lo’s anatomy with a Twitter account called “JLosNipple.”

Some gems from the past 12 hours include “DID YOU SEE ME?” and “If you were a nipple for one day…which event would you make an appearance at? Super Bowl? Check. Oscars? Check. #Oscars #JLo”

Alas, all the excitement over the alleged wardrobe malfunction was wishful thinking. Lopez cleared up the confusion in a statement to People: “The dress fit perfectly to every inch,” she said. “While the dress did give the illusion of sheer-ness, joke’s on everyone who wishes they saw something!”

Oscar after partys…… where else but the Governors Ball can you get Tony Bennett crooning “I Left My Heart in San Francisco” to a couple of hundred moguls in black tie? (Tony, at 85, sounded amazing.)

At the bar, Michael Moore mopped his brow and said he was getting involved in the presidential election, but wouldn’t say how or where. Still, he is gamely fixing the arcane documentary rules at the Academy, which is good enough for me.

A few feet away, the group from “The Artist” gathered in a French-inflected winner’s circle. They kept passing around Michel Hazanavicius’s statue, holding it up close to see the engraving like they were reading an ancient Mayan message.

Also read: Stars Hit the After-Parties (Slideshow)

Who could blame them for being giddy? Thomas Langmann, the producer, confessed to being in a “cloud,” which is only natural considering one of his previous claims to fame is “Asterix at the Olympic Games.” He gave a stirring speech about his father, Claude Berri, and was relieved to know (“Really?”) that it came off well in English. Yes it did.

The moguls milled about, with Disney’s CEO Bob Iger squiring his entire team – ABC’s Anne Sweeney, studio chief Rich Ross and the indomitable Zenia Mucha – through the ball. The newly-minted head of marketing, Ricky Strauss, lounged in a corner, blissfully ignoring the looming reality of “John Carter” in his life.

About that Vanity Fair party at the Sunset Tower Hotel: more than 600 people attended, including Hollywood royalty like Michael and Kirk Douglas, and real-life royalty like Prince Albert of Monaco and wife Grace Wittenberg. Guests downed 420 bottles of champagne and more than 800 In-N-Out burgers.

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