Why Tom Cruise & Katie Holmes may skip Oscars

A few months ago, Anne Hathaway hosted Saturday Night Live and did a pretty spot-on impersonation of Katie Holmes.

Now she's about to co-host the Oscars (with James Franco), and that means an allegedly embarrassed Holmes and husband Tom Cruise may not be attending the ceremony.

According to sources the Cruises "don't want to cross paths" with Hathaway, a former friend of the couple who apparently dissed them bad by going on TV and making fun of Holmes.