The academy's Hall of Fame selection committee announced the list of inductees for 2014 this week.
Louis-Dreyfus is a four-time Emmy Award winner and Leno is known as the host of the "Tonight Show."
They'll be joined by media magnate Rupert Murdoch, writer-producer David E. Kelley and network executive Brandon Stoddard.
Sound pioneer Ray Dolby will be inducted posthumously.
The new Hall of Fame members will be honored at a ceremony in Beverly Hills in March.
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