LOS ANGELES: The Oscars will be shown only on YouTube from 2029, the Academy said Wednesday, in a radical gambit for a movie industry that remains wary of streaming platforms even as viewing habits shift online.
The new five-year deal means Hollywood’s most prestigious awards ceremony will be viewable exclusively online for the first time, ending a decades-long relationship with US broadcaster ABC.
The decision will allow the Academy Awards to reach “the largest worldwide audience possible – which will be beneficial for our Academy members and the film community,” said Academy of Motion Picture Arts and Sciences CEO Bill Kramer and President Lynette Howell Taylor in a statement.
