The Academy Awards to Depart Broadcast TV and Broadcast Live on YouTube Beginning in 2029.
The Oscars ceremony are set to start broadcasting solely on the global video platform in the year 2029, representing the newest significant change in Hollywood.
The organization behind the Oscars made the announcement on Wednesday, confirming that it finalized a extended contract granting YouTube the exclusive global rights to the Oscars through 2033.
The Oscars, which is planned for 15 March, has been broadcast for five decades on the traditional network. Starting in 2029, the show will be accessible in real-time without charge on YouTube.
It's another substantial restructuring in the entertainment world, which is dealing with studio sales and mergers, in addition to drastic reductions in filming.
"Our Academy represents an worldwide body, and this alliance will permit us to broaden reach to the activities of the Academy to the biggest global viewership possible - which will be advantageous for our Academy members and the movie industry," said organization heads in a statement.
Throughout a long period, ratings of the ceremony have declined, though there was a minor increase in 2025, with a considerable amount of youthful audiences watching from mobile devices and laptops.
In a related comment, the video platform's chief executive described the Oscars "among our fundamental pillars of culture" and said that partnering with the Academy would "motivate a younger cohort of creativity and film lovers while staying true to the Oscars' illustrious history".
ABC, which has aired the awards since 1976, commented that it was excited "to the upcoming broadcasts" it will still host.
The move comes as film industry giants deal with complex corporate battles. Both options were viewed as problematic for an business that has witnessed drastic cuts over the recent period.
In common with big production houses, traditional TV channels have faced issues as the audience has increasingly opted for on-demand video as an alternative.
The platform securing rights to the Oscars strongly indicates that dependence on streaming sites will carry on to grow.
