The Academy Awards, commonly referred to as The Oscars, will be relocating to YouTube, concluding their long-standing association with ABC in 2029 after half a century of broadcasts on the channel.
Having been aired on ABC since 1976, the partnership is set to finish in 2028.
As reported by BBC.com, The Academy of Motion Picture Arts and Sciences confirmed that it has entered into a multi-year agreement granting YouTube exclusive global rights to the Oscars until 2033.
“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,” shared Academy CEO Bill Kramer and Academy President Lynette Howell Taylor, in a joint statement.
“The Academy is an international organisation, and this partnership will allow us to expand access to the work of the Academy to the largest worldwide audience possible — which will be beneficial for our Academy members and the film community,” the statement elaborates.
“This collaboration will leverage YouTube’s vast reach and infuse the Oscars and other Academy programming with innovative opportunities for engagement while honouring our legacy. We will be able to celebrate cinema, inspire new generations of filmmakers and provide access to our film history on an unprecedented global scale.”
According to BBC.com, YouTube CEO Neal Mohan referred to the Oscars as “one of our essential cultural institutions” and expressed that collaborating with the Academy would “inspire a new generation of creativity and film lovers while staying true to the Oscars’ storied legacy”.
