The Academy Awards to Depart ABC and Broadcast Live on the Video Platform Beginning in the Year 2029.

Placeholder Oscars Statuette

The Oscars ceremony will begin airing only on YouTube in the year 2029, marking the latest major shift in the film industry.

The Academy of Motion Picture Arts and Sciences revealed the news on Wednesday, stating that it finalized a extended contract awarding YouTube the unique international license to the Oscars up to 2033.

The awards show, which is planned for 15 March, has been televised for a half a century on ABC. Commencing in 2029, the ceremony will be available as a free live stream on the digital platform.

It's one more substantial shakeup in Hollywood, which is dealing with studio sales and mergers, in addition to steep reductions in filming.

"The Academy is an international organization, and this alliance will enable us to expand access to the activities of the Academy to the most extensive international crowd possible - which will be beneficial for our membership and the movie industry," remarked the Academy's executives in a announcement.

For many years, viewership of the televised event have dropped, though there was a slight uptick in 2025, with a significant number of youthful audiences watching from smartphones and computers.

In a related comment, YouTube's CEO described the Oscars "among our essential cultural institutions" and added that teaming up with the Academy would "spark a fresh wave of artistic expression and cinema enthusiasts while staying true to the Oscars' storied history".

ABC, which has streamed the awards since the mid-1970s, said that it was eagerly anticipating "to the next three telecasts" it will still host.

The move coincides with large entertainment companies face complex corporate battles. These potential deals were seen as concerning for an business that has experienced drastic cuts over the last few years.

Like big production houses, cable networks have encountered challenges as the audience has chosen digital platforms instead.

YouTube winning the license to the Oscars strongly indicates that the dominance of online services will carry on increasing.

Angela Jackson
Angela Jackson

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