Oscars go digital: YouTube to host Academy Awards from 2029
What's the story
In a historic move, the Oscars will transition from broadcast television to streaming in 2029. YouTube has bagged the exclusive global rights for the prestigious event, announced The Academy of Motion Picture Arts and Sciences on Wednesday. This multi-year agreement will run through 2033, ending decades of the ceremony airing on ABC.
Legacy shift
ABC's long-standing association with the Oscars
For decades (since 1976), ABC, owned by Disney, has been synonymous with the Oscars. The network will continue to air the awards through 2028, including the centennial celebration. This transition to YouTube marks a major power shift in media as streaming platforms increasingly challenge traditional broadcast models. Notably, another streaming giant, Netflix, hosts the SAG Awards, recently rebranded as The Actors Awards.
Statement
YouTube's CEO emphasized cultural significance of the Oscars
YouTube reportedly outbid ABC and other contenders for the deal, though financial terms remain undisclosed. CEO Neal Mohan emphasized the cultural significance of the Oscars in a statement: "The Oscars are one of our essential cultural institutions, honoring excellence in storytelling and artistry." "Partnering with the Academy to bring this celebration of art and entertainment to viewers all over the world will inspire a new generation of creativity and film lovers while staying true to the Oscars's storied legacy."
Industry reaction
The move represents opportunity and tension within Hollywood
The decision comes amid a trend of films gaining distinct and sometimes more recognition on streaming platforms after theatrical runs. For instance, the 2025 Best Picture winner, Anora, premiered at Cannes, played in theaters, and later streamed on Hulu. The Oscars's move to YouTube may further blur the lines between theatrical and digital releases. ABC issued a statement expressing gratitude for hosting the Oscars over the decades and support for the Academy's future endeavors.