Skyfall‘s chances of nabbing a Best Picture nomination are still up in the air, but the Academy Awards will offer a “special celebration” to the James Bond films in honor of the franchise’s 50th anniversary.

“We are very happy to include a special sequence on our show saluting the Bond films on their 50th birthday,” said producers Craig Zadan and Neil Meron. “Starting with ‘Dr. No’ back in 1962, the 007 movies have become the longest-running motion picture franchise in history and a beloved global phenomenon.”

The 85th Academy Award nominations will be announced Thursday, January 10 at 5:30 a.m. PT. The Oscar award ceremony will be held Sunday, February 24 in Hollywood and broadcast live on ABC. It will be hosted by Family Guy and Ted creator Seth MacFarlane. Hypable will offer live coverage of both events as they happen.

Do you think Skyfall will grab a Best Picture nom? The film nabbed a nomination at the Producer’s Guild Awards yesterday, which may suggest it’s being warmly received by industry critics. Meanwhile, Skyfall is the most successful Bond film in the franchise’s box office history, having grossed $293 million domestically. Quantum of Solace, the last Bond film, ranks second with $168 million and Casino Royale is in third with $167 million.