The Academy Awards will start streaming solely on YouTube in 2029, the newest huge change in Hollywood.
The Academy of Movement Image Arts and Sciences made the announcement on Wednesday, saying that it signed a multi-year deal that can give YouTube the unique international rights to the Oscars till 2033.
The Oscars, which is deliberate for March 15, has aired for a half a century on ABC. Beginning in 2029, the present will likely be out there reside and at no cost on YouTube.
It is the newest shakeup in Hollywood, which is coping with studio gross sales and mergers, together with steep manufacturing cuts.
“The Academy is a global group, and this partnership will enable us to broaden entry to the work of the Academy to the biggest worldwide viewers potential — which will likely be helpful for our Academy members and the movie neighborhood,” Academy CEO Invoice Kramer and Academy President Lynette Howell Taylor mentioned in an announcement.
Oscar scores declined in 2025 in comparison with the 12 months earlier than, together with a number of different award reveals, together with the Golden Globes and the Grammy Awards.
In an announcement, YouTube CEO Neal Mohan known as the Oscars “certainly one of our important cultural establishments” and mentioned that partnering with the Academy would “encourage a brand new technology of creativity and movie lovers whereas staying true to the Oscars’ storied legacy”.
ABC, in the meantime, mentioned it was wanting ahead “to the following three telecasts” that it’ll nonetheless host. It has streamed the awards, the very best honour in US movie, since 1976.
The transfer comes as Warner Bros Discovery on Wednesday advisable its shareholders reject a hostile takeover bid from Paramount Skydance for a rival bid from streaming large Netflix.
Each choices had been seen as unfavourable for an trade that has seen drastic cuts over the past a number of years. Like main studios, cable networks have confronted points as the general public has opted for streaming companies as an alternative.
YouTube profitable rights to the Academy Awards additional means that reliance on streaming websites will proceed.
