The official Academy Awards website says nominations will be read live from the Samuel Goldwyn Theater at 5:30 AM PST.
Although it has yet to officially open, the "Dreamgirls" film — based on the Broadway musical of the same name — is already generating Oscar buzz, especially for co-star Jennifer Hudson, who plays Effie White. The film also features Beyonce Knowles, Eddie Murphy, Anika Noni Rose and Jamie Foxx.
Ellen DeGeneres will host the 79th Annual Academy Awards, which will be presented Feb. 25, 2007. ABC-TV will broadcast the event live from Hollywood's Kodak Theatre beginning at 5 PM PST.
In a previous statement Academy producer Laura Ziskin said, "Ellen DeGeneres was born to host the Academy Awards. There is no more challenging hosting job in show business. It requires someone who can keep the show alive and fresh and moving, as well as someone who is a flat-out great entertainer. Ellen completely fits the bill. I can already tell she is going to set the bar very high for herself and therefore for all of us involved in putting on the show. Now all we need is a lot of great movies."
For more information visit www.oscars.org.