Paramount has said the MTV Europe Music Awards (EMAs) in France have been cancelled following the conflict in Gaza and Israel.
The annual ceremony was due to be held at the Paris Nord Villepinte on Sunday 5 November.
In a statement, Paramount said: "Given the volatility of world events, we have decided not to move forward with the 2023 MTV EMAs out of an abundance of caution for the thousands of employees, crew members, artists, fans, and partners who travel from all corners of the world to bring the show to life."
The statement continued, "The MTV EMAs are an annual celebration of global music. As we watch the devastating events in Israel and Gaza continue to unfold, this does not feel like a moment for a global celebration."
"With thousands of lives already lost, it is a moment of mourning.
"We look forward to hosting the MTV EMAs again in November of 2024," the statement concluded.
The award show was due to take place in Paris for the first time since 1995.
This year's ceremony would have been broadcast live on MTV in more than 150 countries as well as being available on demand on Paramount+.
Since the death of a schoolteacher following a stabbing last week, France has been on its highest security alert, according to the AP news agency.
The funeral for Dominique Bernard was held on Thursday in Arras, the northern town where he taught the French language at the Gambetta-Carnot school.
A suspected Islamic extremist has been arrested.
Last year, the EMAs were co-hosted by celebrity power couple, Oscar-winning writer Taika Waititi and singer Rita Ora.
The ceremony saw American hitmaker Taylor Swift walk away with four of the top gongs – including best video and best longform video award for her 10-minute version of All Too Well (Taylor's Version), as well as best artist.
Performances came from Scottish singer Lewis Capaldi, British rapper Stormzy and Ukrainian rap group Kalush Orchestra.
Tom Cruise delivered a surprise message to introduce OneRepublic’s performance of I Ain’t Worried, which the US band wrote for Top Gun: Maverick.