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The Academy Awards Will Leave ABC and Stream on the Video Platform Starting in the Year 2029.
The Academy Awards are set to start streaming exclusively on YouTube in the year 2029, representing the latest substantial shift in the film industry.
The organization behind the Oscars made the announcement on Wednesday, confirming that it finalized a multi-year deal giving YouTube the sole worldwide broadcasting rights to the Oscars up to 2033.
The Oscars, which is planned for March 15th, has been televised for five decades on the traditional network. Beginning in 2029, the show will be viewable in real-time without charge on YouTube.
It's a further major restructuring in the entertainment world, which is dealing with studio sales and mergers, coupled with steep reductions in filming.
"The Academy is 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 cinematic world," stated Academy leadership in a release.
Throughout a long period, viewership of the ceremony have declined, though there was a slight uptick in 2025, with a notable portion of Gen Z and millennial watchers streaming from cell phones and computers.
In a separate statement, YouTube's CEO referred to the Oscars "among our essential cultural institutions" and noted that teaming up with the Academy would "spark a younger cohort of artistic expression and movie fans while remaining faithful to the Oscars' storied history".
The broadcast network, which has aired the awards since the mid-1970s, stated that it was excited "to the upcoming broadcasts" it will still host.
The move comes as major studios deal with challenging merger discussions. These potential deals were considered unfavourable for an business that has witnessed drastic cuts over the recent period.
Similar to major studios, traditional TV channels have faced issues as the viewers has increasingly opted for streaming services as an alternative.
YouTube obtaining broadcasting rights to the Oscars clearly signals that the dominance of streaming sites will continue to grow.
Timothy Haynes
Elara is a passionate gamer and tech writer with years of experience covering industry trends and game analysis.
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