The Oscars will be held in February again!

February 27, 2011 to be exact, according to this in The Hollywood Reporter:

There are only 48 weeks left until the 83rd Annual Academy Awards.

While the Oscars this year took place on the first Sunday in March to avoid going head-to-head with the closing ceremony of the Winter Olympics, next year's Oscar schedule, released Thursday, will culminate with the awards showing returning to the last Sunday in February, a spot on the calendar that it has occupied since 2004. That will effectively shorten awards season by at least a week.

The Academy has slotted Feb. 27 for its next Oscarcast.

The deadline for nomination ballots is Jan. 14; the nominations will be announced Jan. 25; and final ballots will be due Feb. 22.

The ceremony will once again take place at the Kodak Theatre at Hollywood & Highland and be broadcast by ABC.

Separately, the Producers Guild of America also set dates for its 22nd annual Producers Guild Awards, which will take place on Saturday, Jan. 22.

The 2011 calendar is quickly filling up. The Golden Globe Awards have already claimed Sunday, Jan. 16. The DGA Awards will be held on Saturday, Jan. 29, and the SAG Awards are set for Sunday, Jan. 30.

-Thoughts?