The Academy Awards Are Exiting Broadcast TV and Broadcast Live on the Video Platform Starting in the Year 2029.

The Oscars ceremony will begin streaming exclusively on YouTube in 2029, representing the latest major transformation in the film industry.

The organization behind the Oscars made the announcement on Wednesday, stating that it signed a multi-year deal granting the streaming service the sole worldwide broadcasting rights to the Oscars through 2033.

The Oscars, set for March 15th, has aired for 50 years on ABC. Commencing in 2029, the show will be available as a free live stream on the digital platform.

This is one more significant upheaval in the entertainment world, which is grappling with corporate acquisitions and consolidations, coupled with steep slashes to movie budgets.

"The Academy is an international organization, and this partnership will permit us to increase availability to the work of the Academy to the largest worldwide audience possible - which will be advantageous for our Academy members and the cinematic world," remarked organization heads in a statement.

For many years, ratings of the televised event have dropped, although there was a minor increase in 2025, with a notable portion of youthful audiences tuning in from smartphones and laptops.

In a separate statement, YouTube's CEO called the Oscars "among our vital cultural institutions" and added that working with the Academy would "inspire a new generation of creativity and film lovers while adhering to the Oscars' illustrious history".

The broadcast network, which has televised the awards since 1976, commented that it was excited "to the next three telecasts" it will continue to air.

The move follows major studios face complex corporate battles. Such proposals were considered concerning for an industry that has seen severe reductions over the recent period.

Like big production houses, traditional TV channels have faced issues as the viewers has increasingly opted for streaming services instead.

The platform securing rights to the Oscars clearly signals that dependence on online services will persist to grow.