Please explain the difference between the “Future of Hollywood” and “a night for Young Hollywood,” which was held Wednesday.  If you were invited to Young Hollywood, is VF low-key implying that should enjoy this moment while it lasts because you are not part of the future? That’s petty and I appreciate it. All jokes aside, I actually think Vanity Fair is just getting themselves warmed up for their big post-Oscars party. These smaller ones are like…spring training. Anyway, this whole situation is fun. Kate Beckinsale looks like a sea creature! Someone wore bike shorts! A LOT of folks are just floating heads, thanks to the black step-and-repeat! It’s a party!

[Photos: CraSH/imageSPACE/Shutterstock, Matt Baron/Shutterstock]