Oscars to Stream on YouTube From 2029, Dealing Major Blow to ABC

A major and historic announcement has been made regarding one of the biggest events in the film industry, the Oscars. From 2029, these awards will no longer be broadcast on the television channel ABC, but will be streamed directly on YouTube. The Academy of Motion Picture Arts and Sciences announced this significant change yesterday.

Oscars to Shift to YouTube From 2029

ABC will continue to broadcast the annual ceremony until 2028, which will also mark the 100th Oscars celebration, a significant milestone. However, from 2029 to 2033, YouTube will hold the global streaming rights for the Oscars. This means that every Oscars-related event, from red-carpet coverage and the Governors Awards to the announcement of Oscar nominations, will be streamed on YouTube. Furthermore, preparations are underway to create a new digital platform on YouTube for all things Oscars.

Academy Chief Executive Bill Kramer and President Janet Yang expressed their delight with this partnership, stating, "We are incredibly excited about this multifaceted global partnership with YouTube, which will be a new dimension for the Oscars and our year-round Academy programming in the future." They added that the Academy is an international network, and this partnership will help them extend the reach of the Academy's work to a wider global audience, benefiting both the organisation and their film network.