The Academy Awards Will Leave Broadcast TV and Broadcast Live on the Video Platform Beginning in the Year 2029.
The Oscars ceremony will commence broadcasting solely on YouTube in the year 2029, signaling the newest significant transformation in the film industry.
The organization behind the Oscars revealed the news on this week, indicating that it entered into a extended contract granting the streaming service the unique international license to the Oscars until 2033.
The awards show, set for March 15th, has aired for 50 years on the traditional network. Commencing in 2029, the event will be accessible in real-time without charge on YouTube.
This is a further major restructuring in the entertainment world, which is dealing with corporate acquisitions and consolidations, along with drastic slashes to movie budgets.
"Our Academy represents an worldwide body, and this partnership will enable us to broaden reach to the activities of the Academy to the largest worldwide audience attainable - which will be positive for our film artists and the movie industry," said the Academy's executives in a statement.
Over decades, audience numbers of the awards show have fallen, though there was a small rise in 2025, with a significant number of youthful audiences tuning in from cell phones and laptops.
In a related comment, YouTube's CEO described the Oscars "a key fundamental cultural touchstones" and said that teaming up with the Academy would "motivate a fresh wave of creativity and cinema enthusiasts while remaining faithful to the Oscars' celebrated heritage".
ABC, which has televised the ceremony since the mid-1970s, stated that it was eagerly anticipating "to hosting the event three more times" it will still host.
The move follows large entertainment companies confront complex corporate battles. Both options were viewed as problematic for an business that has experienced severe reductions over the recent period.
Like big production houses, traditional TV channels have faced issues as the public has shifted towards on-demand video instead.
The platform securing broadcasting rights to the Oscars strongly indicates that dependence on online services will persist expanding.
