Story highlights Franco was removed from the cover

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(CNN) James Franco has been erased from the cover of Vanity Fair's annual issue celebrating Hollywood and the Academy Awards.

"We made a decision not to include James Franco on the Hollywood cover once we learned of the misconduct allegations against him," the publication said in a statement released to CNN Friday.

12 extraordinary stars, one very momentous year. The 2018 Hollywood portfolio is here: https://t.co/6PfsFsPzK1 pic.twitter.com/MfRsp2y9Z3 — VANITY FAIR (@VanityFair) January 25, 2018

According to The Hollywood Reporter, which first reported the change, Franco was digitally removed from the cover after sitting for famed photographer, Annie Leibovitz.

Those featured are usually photographed in small groups and then digitally combined into one image. As a result, dropping Franco did not necessitate a reshoot.

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