Each December since 2004, studio executive Franklin Leonard has compiled the best unproduced screenplays of the year, as voted by hundreds of execs, agency guys, and high-level assistants. Titled The Black List, the compendium highlights both established screenwriters and up-and-comers, and has served as a launching pad in the past for projects like Juno, Lars and the Real Girl, and (500) Days of Summer. Last year’s list included Margin Call, Crazy, Stupid, Love, The Hunger Games, and Snow White and the Huntsman.

It should be noted that the headline is somewhat misleading — some of these screenplays have already been acquired and are already in development, though according to Leonard none will have entered principal photography by December 31, 2011.¬†Also worth pointing out is that, as in previous years, there have been rumors that some of the participants have been accused of using the Black List to promote their own clients or friends. Finally, as Leonard reminds us each time, “The Black List is not a ‘best of’ list. It is, at best, a ‘most liked’ list.”

Regardless, we can always rely on the Black List to stir up conversation among both industry insiders and outside spectators alike, so without further ado, hit the jump for the complete 2011 list.

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Frequent collaborators Jason Segel and Nicholas Stoller may have toned down their raunchy humor for The Muppets script, but they could be diving back into adult-themed material with Sex Tape. Stoller is in talks to direct the raunchy comedy, written by Kate Angelo, while Segel has been offered the male lead. Though neither has officially signed on just yet, given the material and their proclivity for working together, it seems reasonably likely they’ll ultimately board the project together.

Less certain is who’ll play Segel’s co-star, should he sign on. Though Reese Witherspoon is Sony’s top choice, the A-list actress is apparently a long shot. Happily, the studio already has a shortlist of other strong candidates, which include some of the usual suspects. More details after the jump.

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