Let the 2008 Oscar race begin.
The Academy of Motion Picture Arts and Sciences announced Wednesday that the 80th Academy Awards will be held on Sunday, Feb. 24 at the Kodak Theatre.
Nominations will be announced at 5:30 a.m. on Jan. 22. Nomination ballots are mailed on Dec. 26 and must be returned on Jan. 12.
Final ballots are mailed to voters on Jan. 30 and must be returned on Feb. 19.
The kudocast will be broadcast on ABC.