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The Oscars to Depart ABC and Stream on the Video Platform Starting in the Year 2029.
The Academy Awards are set to start streaming exclusively on the global video platform in the year 2029, marking the most recent substantial shift in Hollywood.
The Academy of Motion Picture Arts and Sciences made the announcement on Wednesday, confirming that it entered into a multi-year deal awarding the streaming service the unique international license to the Oscars through 2033.
The Oscars, scheduled for March 15th, has been broadcast for a half a century on the traditional network. Starting in 2029, the ceremony will be viewable in real-time without charge on YouTube.
This is a further major upheaval in the entertainment world, which is navigating corporate acquisitions and consolidations, coupled with severe reductions in filming.
"Our Academy represents an global institution, and this collaboration will enable us to increase availability to the work of the Academy to the largest worldwide audience imaginable - which will be advantageous for our membership and the film community," stated the Academy's executives in a statement.
For many years, viewership of the awards show have declined, even if there was a slight uptick in 2025, with a notable portion of youthful audiences streaming from mobile devices and desktops.
In a separate statement, the head of YouTube described the Oscars "a key fundamental cultural touchstones" and added that teaming up with the Academy would "motivate a fresh wave of artistic expression and movie fans while adhering to the Oscars' celebrated heritage".
ABC, which has aired the ceremony since 1976, commented that it was looking forward "to hosting the event three more times" it will continue to air.
The move follows film industry giants confront complex corporate battles. Both options were seen as unfavourable for an sector that has seen drastic cuts over the last few years.
In common with major studios, cable networks have faced issues as the viewers has chosen streaming services instead.
The platform securing the license to the Academy Awards further suggests that reliance on online services will carry on to grow.
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