The Oscars Are Exiting Broadcast TV and Broadcast Live on YouTube Starting in 2029.

The Academy Awards are set to start airing only on YouTube in 2029, signaling the most recent major transformation in the film industry.

The Academy of Motion Picture Arts and Sciences declared the decision on this week, indicating that it entered into a multi-year deal giving YouTube the sole worldwide broadcasting rights to the Oscars through 2033.

The awards show, scheduled for 15 March, has aired for five decades on the traditional network. Beginning in 2029, the ceremony will be available in real-time without charge on YouTube.

This is a further substantial shakeup in Hollywood, which is navigating company buyouts and fusions, along with drastic production cuts.

"Our Academy represents an international organization, and this alliance will enable us to increase availability to the activities of the Academy to the biggest global viewership possible - which will be beneficial for our membership and the movie industry," stated organization heads in a release.

For many years, viewership of the awards show have declined, even if there was a minor increase in 2025, with a notable portion of youthful audiences streaming from smartphones and laptops.

In a separate statement, the video platform's chief executive called the Oscars "among our vital cultural touchstones" and added that teaming up with the Academy would "motivate a fresh wave of creativity and film lovers while remaining faithful to the Oscars' storied heritage".

ABC, which has aired the ceremony since the mid-1970s, commented that it was looking forward "to hosting the event three more times" it will retain rights for.

The move comes as film industry giants face challenging merger discussions. Such proposals were considered problematic for an business that has seen drastic cuts over the last few years.

Similar to big production houses, traditional TV channels have faced issues as the audience has chosen streaming services instead.

The platform securing rights to the Academy Awards further suggests that the dominance of streaming sites will persist increasing.