The 80th annual Oscars will be held on 24 February 2008, the Academy of Motion Picture Arts and Sciences has revealed.
The Oscars have been held every year since 1929
Nominees will be announced on 22 January, and stars of the big screen will once again attend the Kodak Theatre in Hollywood for the ceremony.
Martin Scorsese and his crime thriller The Departed were the big winners at this year's Oscars, winning best director and best picture respectively.
Forest Whitaker and Helen Mirren won the top acting prizes.
Scorsese received a standing ovation when he picked up the best director statuette in February.
The auteur received his first nomination - for Raging Bull - in 1981, but was beaten that year by Robert Redford's Ordinary People.
After the ceremony, he said winning an Oscar was "overwhelming".
"People say it's your year, but I've just been used to not winning it. The winning for me is making the pictures."