The Academy Awards Will Leave ABC and Broadcast Live on the Video Platform Beginning in the Year 2029.

The Academy Awards will begin broadcasting solely on the global video platform in 2029, marking the newest major shift in the film industry.

The Academy of Motion Picture Arts and Sciences made the announcement on this week, indicating that it entered into a multi-year deal giving the streaming service the sole worldwide broadcasting rights to the Oscars until 2033.

The Oscars, set for 15 March, has been broadcast for five decades on the traditional network. Beginning in 2029, the ceremony will be accessible in real-time without charge on the digital platform.

This is one more major shakeup in the entertainment world, which is dealing with corporate acquisitions and consolidations, along with severe reductions in filming.

"Our Academy represents an international organization, and this alliance will permit us to increase availability to the mission of the Academy to the biggest global viewership possible - which will be positive for our Academy members and the cinematic world," stated organization heads in a release.

Over decades, viewership of the televised event have fallen, though there was a minor increase in 2025, with a considerable amount of younger viewers tuning in from mobile devices and desktops.

In a corresponding announcement, YouTube's CEO described the Oscars "one of our vital pillars of culture" and said that partnering with the Academy would "motivate a fresh wave of innovation and cinema enthusiasts while staying true to the Oscars' storied heritage".

ABC, which has televised the ceremony since 1976, commented that it was excited "to the upcoming broadcasts" it will continue to air.

The move follows film industry giants deal with intricate takeover attempts. Both options were viewed as concerning for an sector that has experienced significant downsizing over the past several years.

In common with major studios, cable networks have encountered challenges as the public has chosen streaming services as an alternative.

YouTube winning rights to the Oscars further suggests that dependence on online services will carry on increasing.