The Academy Awards Will Leave Broadcast TV and Stream on the Video Platform Starting in the Year 2029.

Placeholder Oscars Statuette

The Academy Awards will commence airing only on YouTube in the year 2029, marking the latest significant change in the film industry.

The organization behind the Oscars declared the decision on Wednesday, indicating that it entered into a long-term agreement granting the streaming service the unique international license to the Oscars up to 2033.

The Oscars, scheduled for March 15th, has been televised for a half a century on the traditional network. Beginning in 2029, the event will be available live and for free on the digital platform.

This is one more substantial upheaval in the entertainment world, which is grappling with studio sales and mergers, along with drastic reductions in filming.

"The Academy is an worldwide body, and this partnership will allow us to expand access to the activities of the Academy to the biggest global viewership imaginable - which will be positive for our film artists and the film community," remarked the Academy's executives in a announcement.

For many years, ratings of the awards show have dropped, even if there was a small rise in 2025, with a notable portion of younger viewers tuning in from smartphones and desktops.

In a corresponding announcement, the video platform's chief executive described the Oscars "among our essential cultural institutions" and added that partnering with the Academy would "spark a fresh wave of creativity and film lovers while staying true to the Oscars' illustrious heritage".

ABC, which has aired the ceremony since 1976, commented that it was looking forward "to hosting the event three more times" it will retain rights for.

The move follows film industry giants deal with intricate takeover attempts. Such proposals were viewed as unfavourable for an industry that has experienced severe reductions over the recent period.

Like major studios, cable networks have struggled as the audience has chosen streaming services instead.

YouTube winning the license to the Oscars strongly indicates that the dominance of digital platforms will continue to grow.

Adam Perry
Adam Perry

A seasoned digital artist and tech enthusiast with over a decade of experience in UI/UX design and emerging technologies.