The movie mogul will be feted at the 23rd annual Producers Guild Awards ceremony on 21 January (12) in Beverly Hills, California.
Past recipients include Clint Eastwood, Brian Grazer, Jerry Bruckheimer and the late Laura Ziskin. This year's (11) recipient was Scott Rudin.
Announcing the news on Wednesday (21Sep11), Producers Guild Awards co-chairs Paula Wagner and Michael Manheim stated, "As one of the most prolific filmmakers of all time, Steven's continued genius, imagination and fearlessness in the world of feature film entertainment is unmatched in this industry.
"Steven has produced some of the most iconic films in the history of cinema and we have no doubt he will continue to bring thrilling adventures, emotionally moving storylines, thought provoking characters and cult classics to audiences across the globe."
A statement from Spielberg reads, "David O. Selznick is a true legend in the producing field, and I am tremendously honoured to be associated with his name and to join the company of so many distinguished filmmakers who have received this accolade. I am extremely grateful to the Producers Guild."