Conan O'Brien is set to host one of the most entertaining nights in television on Sunday - the 2014 MTV Movie Awards - it's one you probably won't want to miss.

MTV Movie Awards 2014 Full List Of Nominees

"After eight years of intense negations, I am honored to announce I am hosting MTV's second most prestigious awards show," O'Brien said in a statement.

Biggest Moments To Look Out For At 2014 MTV Movie Awards

This year's show will include some major competition as Amy Adams battles American Hustle co-star Jennifer Lawrence for "Best Female Performance" and Leonardo DiCaprio is up against Matthew McConaughey for "Best Male Performance." It will also have some memorable moments, including a tribute to the late Paul Walker as well as Mark Wahlberg's acceptance of the Generation Award.

"Mark Wahlberg is the definition of a modern day Renaissance Man: from Dirk Diggler to The Departed, The Basketball Diaries to Ted, Entourage to The Fighter, in front of the camera and behind -- he's done it all and he's always memorable," said Stephen Friedman, President of MTV. "Mark has captivated the MTV audience for over 20 years, and for this rare feat, we're proud to recognize him with this year's Generation Award."

Adrian Grenier, Kevin Connolly, Kevin Dillon and Jerry Ferrara will present the award to Wahlberg and it will also mark the first time they reunite before the long-awaited Entourage movie hits theaters next year.

Tune in on Sunday to catch the award show at 9:00 p.m. ET/PT on MTV. Catch the live stream below: