The Academy Awards Are Exiting Broadcast TV and Stream on YouTube Starting in the Year 2029.

The Oscars ceremony are set to start airing only on YouTube in the year 2029, marking the most recent major change in Hollywood.

The organization behind the Oscars made the announcement on this week, indicating that it entered into a extended contract granting the streaming service the unique international license to the Oscars through 2033.

The Oscars, set for March 15th, has aired for a half a century on the traditional network. Beginning in 2029, the ceremony will be accessible in real-time without charge on YouTube.

This is one more significant upheaval in the entertainment world, which is dealing with studio sales and mergers, along with drastic production cuts.

"Our Academy represents an international organization, and this alliance will allow us to expand access to the mission of the Academy to the largest worldwide audience imaginable - which will be beneficial for our membership and the film community," said Academy leadership in a announcement.

For many years, ratings of the ceremony have dropped, even if there was a slight uptick in 2025, with a considerable amount of Gen Z and millennial watchers tuning in from cell phones and computers.

In a corresponding announcement, YouTube's CEO referred to the Oscars "a key vital cultural touchstones" and noted that working with the Academy would "inspire a new generation of artistic expression and film lovers while remaining faithful to the Oscars' storied heritage".

The broadcast network, which has aired the ceremony since 1976, stated that it was eagerly anticipating "to the next three telecasts" it will retain rights for.

This shift follows film industry giants face intricate takeover attempts. Both options were considered problematic for an industry that has experienced drastic cuts over the past several years.

In common with major studios, traditional TV channels have struggled as the viewers has shifted towards digital platforms instead.

YouTube winning rights to the Oscars strongly indicates that the dominance of streaming sites will carry on increasing.