Michael Douglas has been selected as the recepient of the 37th American Film Institute Life Achievement Award. The Academy Award winning actor (Wall Street) and producer (One Flew Over the Cuckoo's Nest) will be feted in a star-studded ceremony next June, with a televised special expected to follow later that month. Michael's father Kirk received the AFI award (described as "the highest honor for a career in film") in 1991, thus making the father and son the first cross-generational winners.
Meanwhile, over at the Screen Actors Guild, James Earl Jones will be awarded their 45th lifetime achievement honor. The career of the Oscar nominated (The Great White Hope) acting legend/voice of Darth Vader/ Mufasa/CNN will be celebrated during the guild's 15th annual SAG Awards on January 25.
And in more lifetime honors news, the 2008 Disney Legends were named in a ceremony earlier this month. This year's recepients, who are selected for their "significant and lasting impact on the Disney legacy", include ABC News icon Barbara Walters, Oscar winning composer Oliver Wallace (Dumbo) and the current voices of Mickey and Minnie Mouse, husband and wife Wayne Allwine and Russi Taylor.
UPDATE: LaughingPlace.com has a video, pictures and a full report on the recent Disney Legends ceremony.