UPDATE: The Oscars Are MOVING After 50+ Years at ABC

The world’s biggest and most-watched award show is moving over to YouTube!

After being aired on ABC since 1976, the Oscars will be moving to YouTube in 2029! The platform will hold the red carpet coverage, Oscar nominations announcements, the Governors Awards, and more, according to The Hollywood Reporter. Let’s take a look at all the details.

The Oscars are set to move to YouTube in 2029 and will be broadcast by the streaming service through at least 2033. This was announced by the Academy of Motion Picture Arts and Sciences. ABC will continue to host the ceremony through the 100th edition of the awards show in 2028. After that, the ceremony will be available live and for free to over 2 billion people around the world on YouTube, and to YouTube TV subscribers in the United States.

YouTube will not just broadcast the Oscars ceremony (which generated $150 million in revenue for the Academy during the fiscal year that ended on June 30th), but also a significant amount of related content.

YouTube will also host the “red carpet preshow and behind-the-scenes in-show content; the Oscar nominations announcement; the Governors Awards, at which the Academy presents honorary Oscars and occasionally the Irving G. Thalberg Memorial Award and the Jean Hersholt Humanitarian Award; the Oscars Nominees Luncheon; the Student Academy Awards ceremony; the Scientific and Technical Awards ceremony; Academy member and filmmaker interviews; film education programs; podcasts and more.”

The Academy Museum of Motion Pictures will be supported by the Google Arts & Culture initiative to help provide digital access to select exhibitions and programs, along with digitizing some of the over 52 million items that are part of the Academy Collection.

It was said in a statement made by the YouTube CEO, Neal Mohan, “The Oscars are one of our essential cultural institutions, honoring excellence in storytelling and artistry. Partnering with the Academy to bring this celebration of art and entertainment to viewers all over the world will inspire a new generation of creativity and film lovers while staying true to the Oscars’ storied legacy.”

ABC has been the proud home to The Oscars for about half a century, so this will be a weird change. However, the ratings for the award show have been declining over the past 15 years. Disney’s window to exclusively negotiate for the Oscars lapsed earlier this year, and according to sources, that decision was due to the company being unwilling to overpay for something that has not been a moneymaker as it once was.

It will be interesting to see how the transition from ABC to YouTube pans out for The Oscars, and what that means for the future of the famous award show. For more Disney news and updates, make sure to stay tuned to AllEars.

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What are your thoughts on this news? Let us know in the comments!