The Oscars Are Exiting Broadcast TV and Stream on YouTube Beginning in the Year 2029.
The Oscars ceremony will commence airing only on the global video platform in 2029, marking the newest substantial transformation in Hollywood.
The organization behind the Oscars declared the decision on Wednesday, confirming that it signed a extended contract giving the streaming service the unique international license to the Oscars until 2033.
The awards show, which is planned for March 15th, has aired for five decades on the traditional network. Starting in 2029, the event will be available in real-time without charge on YouTube.
This is another significant restructuring in Hollywood, which is navigating studio sales and mergers, coupled with steep production cuts.
"Our Academy represents an international organization, and this alliance will allow us to increase availability to the mission of the Academy to the most extensive international crowd possible - which will be advantageous for our membership and the movie industry," remarked Academy leadership in a statement.
Throughout a long period, viewership of the awards show have fallen, even if there was a slight uptick in 2025, with a notable portion of youthful audiences watching from smartphones and laptops.
In a corresponding announcement, the head of YouTube described the Oscars "one of our vital pillars of culture" and said that partnering with the Academy would "spark a fresh wave of creativity and movie fans while adhering to the Oscars' celebrated legacy".
The broadcast network, which has televised the awards since 1976, said that it was excited "to hosting the event three more times" it will still host.
The move follows film industry giants confront complex corporate battles. Such proposals were viewed as unfavourable for an industry that has seen drastic cuts over the last few years.
Like big production houses, traditional TV channels have faced issues as the viewers has increasingly opted for on-demand video instead.
The platform securing broadcasting rights to the Oscars clearly signals that the dominance of online services will persist expanding.
