The 50th anniversary of the James Bond franchise will be celebrated in a 007-themed sequence at this year's Oscars ceremony in February.
"We are very happy to include a special sequence on our show saluting the Bond films on their 50th birthday," Oscars producers Craig Zadan and Neil Meron said in a statement.
There are 23 official Bond films to date, making it the longest-running and, with the exception of Harry Potter, most financially successful film franchise in history.
The announcement has fuelled rumours that the latest 007 movie, Skyfall, which broke the $1 billion mark at the box office, is in line for a best picture nomination.
Skyfall, the latest James Bond adventure, has become the first picture to make £100m in UK cinemas, the film's publicists said.
Incredible news: #SKYFALL has now taken £100,460,679 at the UK box office, the first film in box office history to cross the £100m mark!
James Cameron's 3D epic Avatar made around £93 million in UK box offices in 2010.
James Bond hit Skyfall has become the highest grossing film ever at the UK box office.
In just 40 days it has taken £94.28 million to surpass the previous record-holder Avatar.
James Cameron's Avatar took £94.03 million over an 11-month period following its release in late 2009.
The James Bond movie series celebrated a milestone this year with the 50th anniversary of the first Bond movie Dr No in October.
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Wax works of Daniel Craig and Judi Dench have been unveiled in a new 007 setting at Madame Tussauds.
It comes as the new James Bond Skyfall shot to the top of the box office rankings around the world. The film has seen one of the biggest UK openings of all time.
Bond's return to the big screen was given the royal seal of approval as the Prince of Wales arrived to meet the stars and makers of 007's latest outing at the Royal Albert Hall.
Charles, accompanied by the Duchess of Cornwall, asked for proceeds from the screening to benefit charities that support members of the three intelligence agencies - the Secret Intelligence Service (MI6), the Security Service (MI5) and GCHQ.