The Hollywood Reporter Celebrates the Next Gen Class of 2011

The Hollywood Reporter's annual Next Generation list, a look book for top executives and talent in the entertainment industry, stepped off the newsstands Saturday for a party at Los Angeles' Milk Studios.

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THR's Next Gen Class of 2011 Celebration's Red Carpet Arrivals

Inside The Hollywood Reporter's Next Gen Class of 2011 Party

Partnering with the Motion Picture and Television Fund's "Reel Stories, Real Lives" event and sponsor A&E, the Next Gen reception welcomed such 2011 recipients as Like Crazy director Drake Doremus, Pariah actress Adepero Oduye and George Clooney's The Descendants co-star Shailene Woodley.

PHOTOS: The Hollywood Reporter's Next Gen Class of 2011 Party's Red Carpet

Other guests turning out for the event included Jennifer Garner, Jodie Foster, Josh Brolin and Chris Pine -- as well as MPTF chairman and DreamWorks Animation CEO Jeffrey Katzenberg.

The rest of Next Gen's best and brightest mixed it up inside the party, which was hosted by Robert Downey Jr. and included readings from Chris Pine and his father Robert Pine as well as a musical performance from Megan Mullally.

PHOTOS: Inside The Hollywood Reporter's Next Gen Class of 2011 Party

HBO president Sue Naegle, an alum of the Next Gen-er list, introduced THR editorial director Janice Min, who announced the 35 members of the Class of 2011.

Take a look at all the photos from THR's Next Gen red carpet and inside the party, and view the complete Class of 2011.