A look at the 25th Vanity Fair party, where celebrities flock post Oscars

Many celebrities hit parties after the Academy Awards, including Vanity Fair's.

Lights. Cameras. Party!

It's one of the most popular parties following the Academy Awards: The Vanity Fair Oscar party.

"Celebrity handlers, bodyguards, and even agents are virtually nonexistent," the magazine said.

Now in its 25th year, the party in Beverly Hills continues to attract celebrities following the awards show.

"It's sheer magic -- it's beyond your wildest imagination," Jeff Goldblum told "GMA."

Along with his wife, Emilie Livingston, Goldblum spoke fondly of one of their favorite parts of the party: In-N-Out Burger.

An Oscar winner last year and a presenter this year, Allison Janney similarly spoke fondly of the food from last year's party.

"There were a lot of great cheeseburgers and French fries, all the things that everyone's not eating for the week before Oscars," she joked, adding that it's a special occasion at the end of the award season where people can relax and have a great time.

Miley Cyrus, Emilia Clarke, Tina Fey, Amy Poehler, Mark Hamill and Adam Driver were among the celebrities to walk down this famously dazzling carpet, just to name a few.

Even A-listers like Terry Crews commented the exclusivity of the event, questioning how they got invited in the first place.

"That's how you know it's a good party," Crews told "GMA."

When asked what's the one word he would use to describe this star-studded event, Zac Posen, the renowned fashion designer, said, "Sparkling."

Fashion has always been a key component of awards season, and Oscar nominee Melissa McCarthy and Ben Falcone stunned the rest of the carpet by showing up in matching track suits.

A party of this scale of course doesn't come without drama or controversy.

Just days before the Oscars this year, news broke that Vanity Fair revoked the credentials of members of The New York Times, reportedly over a story earlier in the week blasting the party.

On Friday, New York Times styles editor Choire Sicha tweeted: "Just got word that Vanity Fair has disinvited The New York Times from covering their annual Oscars party. They said it 'feels like the Times has already run their coverage of the VF party this year,' they said. I guess we did!"

In The New York Times' report, headlined "It Was the Hottest Oscar Night Party. What Happened?," Vanity Fair is accused of "catering to business interests" when it comes to the party, adding that an invitation to the party is not the "status symbol" it once was.

The Times confirmed the accuracy of Sicha's tweet, while Vanity Fair did not immediately return a request for comment.

ABC News' Stacy Chen contributed to this report.