**Excerpt**: The Academy of Motion Picture Arts and Sciences announces the Oscars will be broadcast on YouTube starting in 2029, ending its long-standing partnership with ABC.
Key Points
– The Oscars will move to YouTube beginning in 2029.
– ABC, which has aired the ceremony since the 1970s, will continue broadcasting through 2028.
– The partnership with YouTube aims to expand global access to the Oscars.
– The ceremony will be available for free on YouTube, with streaming rights through 2033.
– YouTube’s CEO describes the Oscars as a vital cultural institution.
Full Article
Major Shift for the Oscars
The Academy of Motion Picture Arts and Sciences has announced that the Oscars will move to YouTube starting in 2029. This significant transition will mark the end of the ceremony’s long-time broadcasting on ABC, which has aired the awards since the 1970s.
Partnership with YouTube
Academy CEO Bill Kramer and President Lynette Howell Taylor expressed excitement about the new partnership, stating, “We are thrilled to enter into a multifaceted global partnership with YouTube to be the future home of the Oscars and our year-round Academy programming.” They highlighted the potential for the partnership to broaden the Academy’s global reach, benefiting members and the film community.
YouTube’s CEO, Neal Mohan, emphasized the Oscars’ importance as a “cultural institution,” noting that the collaboration aims to inspire a new generation of film lovers while honoring the Oscars’ legacy.
Free Access and Future Rights
The Oscars ceremony will be available for free on YouTube, with the platform retaining global streaming rights through 2033. Additionally, YouTube will also host other events related to the Oscars, such as nomination announcements.
ABC’s Response
In response to the announcement, an ABC Entertainment spokesperson acknowledged its long history with the Oscars, stating, “ABC has been the proud home to The Oscars for more than half a century.” They expressed anticipation for the upcoming three broadcasts, including the centennial celebration in 2028.
Conclusion
The transition of the Oscars to YouTube represents a major shift in how awards shows are broadcast, reflecting broader changes in viewer habits and media consumption. As the Academy prepares for this new chapter, the move is expected to enhance accessibility and engagement with audiences worldwide.
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