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12/07/2010 06:16 pm ET Updated May 25, 2011

The Power 100 Women in Entertainment

The Crystal Ballroom of The Beverly Hills Hotel was teeming with some of Hollywood's most powerful women on Tuesday morning, as The Hollywood Reporter honored the Power 100 Women in Entertainment with a champagne reception and breakfast. Presented by Lifetime for the 19th year in a row, the event centered around the idea of inspiration, empowerment and leadership amongst women.

Linda Bell Blue, Executive Producer for Entertainment Tonight, praised the Women in Entertainment Mentoring Program, which pairs the Power 100 with 12 young mentees from broken homes who were given the opportunity to work side-by-side with some of the most powerful women in Hollywood. "Growing up, many of these girls were told over and over, 'no you can't,' but with the power of one-on-one guidance they learned 'yes, I can,'" said Bell Blue.

Following Bell Blue's speech was the presentation of the prestigious Sherry Lansing Leadership Award, given to women who have made significant contributions to society and have created unique careers in entertainment. Lansing--a former actress and the first woman to head a Hollywood studio--was not on-hand to present the award to Dame Helen Mirren so she asked last year's recipient, Halle Berry to step in.

Mirren accepted the award expressing concern about the presence and perception of women in Hollywood. Although she is aware of the changes that have been made and those that are yet to come for women in 'real life,' "these women control $20 trillion in consumer spending, so how about a bit of damn respect," she exclaimed.

Keynote speaker Katie Couric closed the event with the story of her biggest inspiration, her sister Emily who passed away of cancer in 2001. "Inspiration is all around us. You don't have to save the world to be inspiring. Sometimes small acts of kindness can be as inspiring as major global initiatives."