Veteran actor Michael Douglas is set to be honoured with a top prize for his contributions to the film industry.

The Wall Street star has been unveiled as the 2015 recipient of the George Eastman Award, named after the photography innovator who founded the Eastman Kodak Company, commonly known as Kodak.

The Oscar winner will be presented with the accolade at a ceremony in New York on 14 May (15).

Previous honourees include Charlie Chaplin, Gregory Peck, Martin Scorsese, Meryl Streep and Richard Gere.