Academy President Sid Ganis and Oscar-winning actress and Academy member Mira Sorvino are scheduled to announce the nominees.

A host of familiar theatre faces will likely receive nominations, including Philip Seymour Hoffman and Felicity Huffman, who have already garnered several accolades for their film work this past season. To date, Hoffman has nabbed a Screen Actors Guild Award and a Golden Globe Award for his portrayal of the late troubled writer Truman Capote in “Capote,” and Huffman has picked up a Golden Globe Award and a Screen Actors Guild nomination for her work in “Transamerica.”

Actor-turned-screenwriter Dan Futterman, who has been seen on Broadway in Angels in America and Off-Broadway in A Fair Country and Further Than the Furthest Thing, will likely pick up a Best Screenplay nod for “Capote.” Futterman was recently nominated for a 2006 Writers Guild Award for his work on that motion picture.

Stage and screen star David Strathairn is also likely to be nominated for his performance in the George Clooney-directed film Good Night, and Good Luck.

The screen versions of the hit Broadway musicals Rent and The Producers could possibly pick up a few minor nominations, although neither has fared particularly well in previous award ceremonies. The 78th Annual Academy Awards telecast — hosted by Jon Stewart — is scheduled for March 5.

Visit www.oscars.org for more information.