Motion picture, television and theater producing team Craig Zadan and Neil Meron will return to produce the Oscars for a third consecutive year, Academy president Cheryl Boone Isaacs announced Monday.

The 87th Oscars will air live on the ABC Television Network on Oscar Sunday, February 22, 2015.

“We couldn’t be more thrilled to have Craig and Neil back to produce the Oscars again in 2015,” said Boone Isaacs. “Their showmanship has elevated the show to new heights and we are excited to keep the momentum going with this creative partnership.”

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“This year’s show reached viewers of all ages and set social media records, proving that Craig and Neil are masters at tapping into the zeitgeist and capturing the hearts of movie fans around the world,” said Academy CEO Dawn Hudson.

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“We are delighted to work with Cheryl, Dawn and the Academy to produce the Oscars for a third time,” said Zadan and Meron. “We’re proud of the show’s success over the last two years and are eager to embark on another entertaining show to honor this year’s motion pictures.”

The 86th Oscars on March 2, marked the return of host Ellen DeGeneres, and featured musical performances by artists including Pharrell Williams and U2, a tribute to “The Wizard of Oz” by Pink, and a star-studded, record-breaking selfie seen around the world.

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Zadan and Meron’s feature film, television and theater productions have earned a total of six Oscars, 11 Emmy Awards, two Tony Awards, a Grammy Award, five Golden Globes, two Peabody Awards, five GLAAD Awards and two NAACP Image Awards.

The Oscars will be held at the Dolby Theatre at Hollywood & Highland Center in Hollywood, and will be televised live by the ABC Television Network.

The Oscar presentation also will be televised live in more than 225 countries and territories worldwide.