The Oscars: From TV to YouTube
A Major Shift in Entertainment
The Oscars are making a big change. Starting in 2029, the awards show will move from TV to YouTube. This is a huge deal for the entertainment world.
The Academy's Announcement
The Academy of Motion Picture Arts and Sciences made this announcement. They signed a deal with YouTube. It gives YouTube the rights to show the Oscars globally until 2033.
The Power of Streaming Services
This shift shows how powerful YouTube and other streaming services have become. ABC, which has been the home of the Oscars for a long time, will still show the ceremony until 2028. The Academy was looking for new buyers. YouTube won the rights, but the exact details are not public yet.
YouTube's CEO on the Move
YouTube's CEO, Neal Mohan, said the Oscars are important for storytelling and art. He hopes this move will inspire new filmmakers.
Concerns in Hollywood
But not everyone is happy. Some people in Hollywood worry about the future of traditional filmmaking.
YouTube's Push for New Films
YouTube has been pushing for new ways to make and share films. They have even funded some movies. But the Oscars still focus on films shown in theaters.
Streaming vs. Theaters
Many people watch movies on streaming services now. For example, the 2025 Best Picture winner, “Anora”, was first in theaters and later on Hulu.
ABC's Response
ABC, which has been the Oscars' home for over 50 years, said they are proud of their history. They wish the Academy success in the future.