The nominations for 2008 induction into the Rock and Roll Hall of Fame were announced today.

Madonna, the Beastie Boys, the Dave Clark Five, Leonard Cohen, Afrika Bambaataa, John Mellencamp, the Ventures, Donna Summer and Chic have been nominated for induction into the Rock and Roll Hall of Fame next year.

Madonna and the Beastie Boys are on the ballot on their first year of eligibility. To be eligible for nomination into the Rock and Roll Hall of Fame, an act must have released its first single or album at least 25 years prior to the year of nomination. This year’s nominees had to release their first single no later than 1982, the year that Madonna’s “Everybody” and the Beasties’ punk EP Polly Wog Stew came out.

Ballots with these nominees will be sent to over 500 voters who will choose the acts for inclusion into the Rock and Roll Hall of Fame for this year. Five new inductees will be honored at the annual Rock and Roll Hall of Fame induction ceremony on March 10, 2008 at the Waldorf Astoria Hotel in New York.

Five acts will make it into the Hall of Fame in 2008. The five inductees will be announced in January, 2008, and the induction ceremony will take place on March 10, 2008. All inductees are ultimately represented in the Rock and Roll Hall of Fame and Museum, in Cleveland, Ohio.

Here's what the press release says about Madonna:

"Doors opened wide for Madonna Louise Ciccone in 1982, after five years as a singer and dancer on New York City’s competitive club circuit. She signed with Sire Records (her label for the next 14 years) where her idiosyncratic persona exploded onto turntables, dance floors and airwaves and captured the imagination of the first generation of MTV viewers. She went on to become the top female star of the 1980s with seven #1 hits, three #1 albums and seventeen top ten hits in that decade. In addition to molding her public image, Madonna is a meticulous studio craftsperson and completely uninhibited stage performer. From her first #1, 1984’s “Like A Virgin” (produced by Nile Rogers of Chic) to her most recent two year Confessions campaign, Madonna remains one of the most ferociously original artists in music today."

Source: Drowned Madonna