TheWrap's Launch Party

On Feb. 18, TheWrap.com’s official launch party at the Four Seasons Hotel Los Angeles gathered more than 200 members of the Hollywood community for some pre-Oscars schmoozing, noshing and toasting the three-week old news site. A show of Hollywood and rock and roll photos by Neal Preston was on display, and the evening concluded with a panel called “Hollywood 2.0: Transformation as Opportunity,” led by TheWrap’s founder and editor in chief, Sharon Waxman. Yahoo's Jeff Dossett and Marc Shmuger, chairman of Universal Pictures discussed the still-evolving relationship between Hollywood and the web.