The Oscars ceremony will begin streaming exclusively on the global video platform in 2029, signaling the most recent substantial transformation in Hollywood.
The organization behind the Oscars revealed the news on Wednesday, stating that it signed a long-term agreement granting the streaming service the sole worldwide broadcasting rights to the Oscars until 2033.
The awards show, set for 15 March, has been broadcast for 50 years on ABC. Starting in 2029, the ceremony will be viewable in real-time without charge on YouTube.
This is a further significant restructuring in the entertainment world, which is dealing with corporate acquisitions and consolidations, along with drastic reductions in filming.
"The Academy is an international organization, and this collaboration will permit us to expand access to the mission of the Academy to the largest worldwide audience possible - which will be beneficial for our Academy members and the film community," said the Academy's executives in a release.
Throughout a long period, ratings of the ceremony have fallen, although there was a small rise in 2025, with a notable portion of younger viewers streaming from smartphones and computers.
In a separate statement, the video platform's chief executive referred to the Oscars "one of our fundamental cultural institutions" and noted that teaming up with the Academy would "motivate a younger cohort of creativity and cinema enthusiasts while adhering to the Oscars' storied legacy".
The broadcast network, which has streamed the ceremony since the mid-1970s, said that it was looking forward "to the upcoming broadcasts" it will continue to air.
This decision comes as film industry giants face challenging merger discussions. Such proposals were seen as concerning for an sector that has witnessed severe reductions over the past several years.
Like big production houses, cable networks have faced issues as the viewers has chosen digital platforms instead.
YouTube obtaining rights to the Oscars clearly signals that the dominance of online services will carry on increasing.
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