The Oscars Are Exiting ABC and Broadcast Live on the Video Platform Starting in the Year 2029.

The Academy Awards will commence streaming exclusively on YouTube in 2029, marking the latest substantial change in the film industry.

The organization behind the Oscars revealed the news on this week, indicating that it entered into a multi-year deal awarding YouTube the sole worldwide broadcasting rights to the Oscars up to 2033.

The Oscars, which is planned for March 15th, has aired for five decades on the traditional network. Beginning in 2029, the show will be viewable as a free live stream on YouTube.

It's one more substantial restructuring in Hollywood, which is grappling with company buyouts and fusions, along with steep slashes to movie budgets.

"The Academy is an worldwide body, and this collaboration will allow us to increase availability to the work of the Academy to the biggest global viewership possible - which will be advantageous for our Academy members and the movie industry," stated organization heads in a announcement.

For many years, audience numbers of the awards show have fallen, although there was a slight uptick in 2025, with a notable portion of youthful audiences tuning in from smartphones and computers.

In a corresponding announcement, YouTube's CEO described the Oscars "a key vital cultural touchstones" and said that partnering with the Academy would "spark a younger cohort of artistic expression and cinema enthusiasts while staying true to the Oscars' illustrious heritage".

The broadcast network, which has streamed the awards since 1976, said that it was looking forward "to the upcoming broadcasts" it will continue to air.

This shift follows large entertainment companies face intricate takeover attempts. Such proposals were viewed as unfavourable for an industry that has seen significant downsizing over the last few years.

Similar to major studios, cable networks have encountered challenges as the public has shifted towards on-demand video as an alternative.

YouTube obtaining the license to the Academy Awards clearly signals that dependence on streaming sites will carry on to grow.