Three hundred six feature films are eligible for the Academy Award® for Best Picture of 2007, the Academy of Motion Picture Arts and Sciences announced today.

To be eligible for 80th Academy Awards® consideration, feature films had until midnight, December 31, to open in a commercial motion picture theater in Los Angeles County and begin a minimum run of seven consecutive days.

Under Academy rules, a feature-length motion picture must have a running time of more than 40 minutes and must have been exhibited theatrically on 35mm or 70mm film, or in a qualifying digital format.

Feature films that receive their first public exhibition or distribution in any manner other than as a theatrical motion picture release are not eligible for Academy Awards in any category.

The 80th Academy Awards nominations will be announced on Tuesday, January 22, 2008, at 5:30 a.m. PT in the Academy’s Samuel Goldwyn Theater.

Academy Awards for outstanding film achievements of 2007 will be presented on Sunday, February 24, 2008, at the Kodak Theatre at Hollywood & Highland Center®, and televised live by the ABC Television Network beginning at 5 p.m. PT. The Oscar presentation also will be televised live in more than 200 countries worldwide.