Dolly Parton and Tom Cruise can now add honorary Oscars to their long lists of accolades. The Academy of Motion Picture Arts and Sciences announced Tuesday in a press release that the "9 to 5" singer and "Mission Impossible" star will receive honorary Oscars at the 16th annual Governors Awards, which will take place later this year.

Tom Cruise has been announced as one of the recipients of this year's honorary Oscars and will be recognized for his lifetime of work in the film industry