Looks like they will be replacing the award show ceremony with some sort of press conference/news show.
If you want to read more info about it, see these links:
http://afp.google.com/article/ALeqM5...qx5A3f1-2DwgUA http://www.deadlinehollywooddaily.co...bes-cancelled/ http://www.mtv.com/movies/news/artic...50/story.jhtml
I hope they resolve this strike soon. For the same reason that pranks mentioned above.