Credited from: SCMP
In a major transformation for one of Hollywood's premier events, the Oscars will depart from ABC and begin streaming exclusively on YouTube starting in 2029, as announced by the Academy of Motion Picture Arts and Sciences. The awards show will remain on ABC through 2028, celebrating its 100th ceremony that year, but will shift to free streaming on YouTube thereafter, according to HuffPost, CBS News, and South China Morning Post.
This partnership with YouTube will commence with an extensive multiyear agreement, allowing the platform to host various Oscars-related content. Academy executives expressed enthusiasm about expanding access to the awards, aiming to reach a broader global audience, as highlighted by BBC and South China Morning Post.
YouTube CEO Neal Mohan emphasized the Oscars' status as "one of our essential cultural institutions," and noted that this collaboration aims to inspire young creative talents while preserving the awards' rich legacy. This deal follows a trend where major awards shows adapt to the digital landscape, highlighting a significant shift in entertainment consumption, as reported by CBS News and BBC.