Pictures of Kate Bosworth, Demi Moore, Ellen Barkin at Creative Coalition Spotlight Initiative Awards at Sundance 2011-01-25 08:44:02

Penn Graduates From Gossip Girl as Kate and Demi Celebrate Ellen at Sundance

Pictures of Kate Bosworth, Demi Moore, Ellen Barkin at Creative Coalition Spotlight Initiative Awards at Sundance 2011-01-25 08:44:02

Kate Bosworth stepped out in Dolce & Gabbana to help honor Ellen Barkin at last night's Creative Coalition Spotlight Initiative Awards in Park City. Kate said she had planned to wear a coat to keep warm, but her Another Happy Day costar and producer Ellen said it was a shame to cover up such a pretty dress. Their castmate Demi Moore also stepped out for the event with her husband Ashton Kutcher, though he snuck in behind the press line instead of posing on the red carpet. The guys of Margin Call, which was the first movie picked up at Sundance, including Zachary Quinto, Simon Baker, Penn Badgley, and Paul Bettany, celebrated their success and joked around together on the red carpet. Penn says that he's excited that audiences will finally be able to see that he can act, something that he apparently hasn't been able to do on Gossip Girl. The scandalous show returned from hiatus last night, and he'll be right back to work on set in NYC after finishing up his festival fun. Stay tuned for more from the carpet today on PopSugar Rush!

Source: Getty
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