The Oscars to Depart ABC and Stream on YouTube Beginning in 2029.

Placeholder Oscars Statuette

The Academy Awards are set to start streaming exclusively on the global video platform in the year 2029, signaling the latest major change in Hollywood.

The organization behind the Oscars declared the decision on Wednesday, stating that it entered into a extended contract granting YouTube the unique international license to the Oscars until 2033.

The Oscars, set for 15 March, has been broadcast for 50 years on the traditional network. Beginning in 2029, the show will be viewable in real-time without charge on YouTube.

This is one more major shakeup in Hollywood, which is grappling with company buyouts and fusions, coupled with drastic reductions in filming.

"The Academy is an worldwide body, and this alliance will permit us to increase availability to the work of the Academy to the biggest global viewership imaginable - which will be positive for our membership and the movie industry," stated organization heads in a announcement.

For many years, ratings of the televised event have dropped, although there was a small rise in 2025, with a considerable amount of youthful audiences tuning in from cell phones and computers.

In a separate statement, the head of YouTube described the Oscars "among our vital pillars of culture" and added that working with the Academy would "motivate a younger cohort of innovation and cinema enthusiasts while staying true to the Oscars' celebrated legacy".

ABC, which has aired the awards since 1976, commented that it was excited "to hosting the event three more times" it will continue to air.

This decision follows large entertainment companies face challenging merger discussions. These potential deals were considered unfavourable for an business that has witnessed significant downsizing over the last few years.

In common with big production houses, traditional TV channels have struggled as the public has increasingly opted for on-demand video instead.

YouTube obtaining broadcasting rights to the Oscars further suggests that dependence on streaming sites will persist to grow.

Amanda Sullivan
Amanda Sullivan

A tech enthusiast and writer with a passion for exploring emerging technologies and their impact on society.