The Academy Awards Will Leave ABC and Stream on the Video Platform Beginning in 2029.

The Oscars ceremony will commence airing only on the global video platform in the year 2029, signaling the newest major change in Hollywood.

The organization behind the Oscars declared the decision on Wednesday, indicating that it entered into a multi-year deal granting the streaming service the unique international license to the Oscars until 2033.

The awards show, scheduled for March 15th, has been broadcast for 50 years on the traditional network. Commencing in 2029, the ceremony will be available in real-time without charge on the digital platform.

This is one more substantial restructuring in the entertainment world, which is navigating corporate acquisitions and consolidations, along with drastic slashes to movie budgets.

"Our Academy represents an international organization, and this partnership will allow us to broaden reach to the activities of the Academy to the biggest global viewership possible - which will be positive for our film artists and the film community," remarked Academy leadership in a statement.

For many years, ratings of the televised event have declined, even if there was a minor increase in 2025, with a significant number of Gen Z and millennial watchers watching from mobile devices and desktops.

In a separate statement, the head of YouTube described the Oscars "a key essential pillars of culture" and said that teaming up with the Academy would "motivate a fresh wave of artistic expression and movie fans while staying true to the Oscars' celebrated heritage".

ABC, which has televised the ceremony since the mid-1970s, commented that it was excited "to hosting the event three more times" it will still host.

This shift follows major studios face challenging merger discussions. Both options were viewed as concerning for an sector that has experienced drastic cuts over the recent period.

In common with big production houses, cable networks have encountered challenges as the audience has increasingly opted for on-demand video instead.

YouTube obtaining the license to the Oscars clearly signals that the dominance of digital platforms will carry on to grow.