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Musics big stars turn out for the 2008 induction ceremony

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1 of 15 Kevin Kane/WireImage.com

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Honoree Madonna and presenter Justin Timberlake on stage during the 23rd Annual Rock and Roll Hall of Fame induction ceremony.
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Billy Joel performs during the show.

3 of 15 Kevin Mazur/WireImage.com

Iggy Pop performs on stage.

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Joan Jett performs on stage.

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Tom Hanks introduces The Dave Clark 5.

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John Mellencamp performs on stage.

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Inductees The Ventures perform on stage.

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Lou Reed introduces Leonard Cohen.

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Honoree Leonard Cohen accepts his award.

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Band leader Paul Schaffer performs on stage.

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Patti LaBelle performs on stage.

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Christy Turlington and actor Ed Burns pose in the press room.

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Damien Rice and honoree Leonard Cohen pose in the press room.

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Michael J. Fox and Tracy Pollan pose in the press room.

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Iggy Pop, Madonna and Justin Timberlake pose in the press room.