The Academy Awards to Depart Broadcast TV and Stream on the Video Platform Starting in the Year 2029.

The Oscars ceremony are set to start broadcasting solely on the global video platform in the year 2029, signaling the most recent significant transformation in the film industry.

The organization behind the Oscars declared the decision on this week, stating that it finalized a multi-year deal giving the streaming service the unique international license to the Oscars through 2033.

The awards show, scheduled for 15 March, has been televised for a half a century on ABC. Beginning in 2029, the show will be available as a free live stream on the digital platform.

This is a further major restructuring in the entertainment world, which is dealing with corporate acquisitions and consolidations, in addition to severe reductions in filming.

"The Academy is an global institution, and this collaboration will permit us to expand access to the mission of the Academy to the biggest global viewership imaginable - which will be positive for our membership and the cinematic world," remarked organization heads in a release.

Over decades, viewership of the awards show have dropped, though there was a minor increase in 2025, with a considerable amount of younger viewers tuning in from mobile devices and computers.

In a corresponding announcement, the head of YouTube described the Oscars "a key essential cultural touchstones" and noted that teaming up with the Academy would "inspire a fresh wave of creativity and movie fans while adhering to the Oscars' celebrated heritage".

The broadcast network, which has televised the awards since the mid-1970s, commented that it was looking forward "to hosting the event three more times" it will continue to air.

This decision coincides with film industry giants face intricate takeover attempts. Both options were considered unfavourable for an business that has experienced significant downsizing over the past several years.

Like big production houses, cable networks have faced issues as the audience has increasingly opted for on-demand video instead.

YouTube winning the license to the Academy Awards strongly indicates that dependence on streaming sites will persist expanding.