It's official! Sina John Lloyd Cruz at Sarah Geronimo ang itinanghal na Box-Office King and Queen for 2008 mula sa pamunuan at 15 judges na nag-deliberate para sa 26 categories and six special awards ng Guillermo Mendoza Memorial Scholarship Awards, na nasa 40th year na ng pagbibigay ng awards na tinawag nilang Box-Office Entertainment Awards.

Bukod sa pagiging Box-Office Queen ni Sarah—dahil sa pinakamalaking box-office return ng first movie team-up nila ni John Lloyd na A Very Special Love ng Star Cinema—tatanggap din si Sarah ng dalawa pang awards: ang Female Concert Performer of the Year para sa kanyang SRO The Next One concert sa Araneta Coliseum at Female Recording Artist of the Year sa kanyang double-platinum album na The Next One.

Ang bagong pasok sa showbiz na si KC Concepcion ay tatanggap din ng tatlong awards: Princess of Philippine Movies & TV, Most Promising Female Star of Movies & TV, at New Female Recording Artist of the Year (Most Promising Singer).

Na-maintain naman ni Richard Gutierrez ang special award bilang Valentine Box Office-King. This time, binigyan din si Marian Rivera ng title na Valentine Box-Office Queen dahil sa success ng 2008 Valentine movie nila na My Best Friend's Girlfriend ng GMA Films at Regal Entertainment.

Ang pagbibigay ng title na Box-Office King & Queen kina John Lloyd at Sarah ay mula sa top film grosses nationwide from January to December 2008.

Narito ang complete list of winners ng 40th Box Office Entertainment Awards:

Box Office King & Queen - John Lloyd Cruz and Sarah Geronimo (A Very Special Love)

Film Actor of the Year - Christopher de Leon (Magkaibigan)

Film Actress of the Year - Sharon Cuneta (Caregiver)

Prince & Princess of Philippine Movies & TV - Richard Gutierrez & KC  Concepcion (For The First Time)

Male Concert Performer of the Year - Gary Valenciano  (Gary Live@25)

Female Concert Performer of the Year - Sarah Geronimo (The Next One)

Male Recording Artist of the Year - Martin Nievera (Milestone)

Female Recording Artist of the Year - Sarah Geronimo (The Next One)

Most Popular Recording Group - Spongecola

Most Popular Novelty Singer - Moymoy Palaboy

Most Popular Loveteam of Movies & TV - Gerald Anderson & Kim Chiu

Most Promising Male Star of Movies & TV - Aljur Abrenica

Most Promising Female Star of Movies & TV - KC Concepcion

New Male Recording Artist of the Year (Most Promising Singer) - Bugoy Drilon (Paano Na Kaya?)

New Female Recording Artist of the Year (Promising Singer) - KC Concepcion (A.K.A. Cassandra)

Most Promising Performing Group - You've Got Male (Gian Magdangal, Jan Nieto, Harry Santos, and Bryan Termulo)

Most Popular Dance Group - EB Babes of Eat Bulaga!

Most Popular Child Actor, Movies & TV - Robert "Buboy" Villar

Most Popular Child Actress, Movies & TV - Sharlene San Pedro

Most Popular Film Producer - Star Cinema

Most Popular Film Director - Cathy Garcia-Molina (A Very Special Love)

Most Popular Screenwriter - Raz Sobida dela Torre (A Very Special Love)

Most Popular Television Program - Dyesebel (GMA -7)

Most Popular TV Director - Bb. Joyce Bernal (Dyesebel)

Special Awards:

Bert Marcelo Award (for Comedians) - Eugene Domingo

Comedy Box-Office King/s - Vic Sotto & Dolphy (Dobol Trobol)

Comedy Box-Office Queen - Ai-Ai delas Alas (Tanging Ina Nyong Lahat)

Valentine Box-Office King & Queen - Richard Gutierrez & Marian Rivera (My Best Friend's Girlfriend)

Outstanding Global Achievement by a Filipino Artist - Arnel Pineda & Charice Pempengco

Outstanding/Special Merit Award for Music (posthumous award) - Francis Magalona