The Oscars Are Exiting Broadcast TV and Broadcast Live on the Video Platform Beginning in the Year 2029.

The Academy Awards are set to start airing only on YouTube in the year 2029, signaling the newest major change in the film industry.

The Academy of Motion Picture Arts and Sciences made the announcement on Wednesday, indicating that it signed a multi-year deal awarding the streaming service the sole worldwide broadcasting rights to the Oscars up to 2033.

The Oscars, which is planned for 15 March, has been televised for five decades on the traditional network. Starting in 2029, the ceremony will be viewable in real-time without charge on YouTube.

This is another substantial restructuring in the entertainment world, which is dealing with studio sales and mergers, coupled with steep production cuts.

"The Academy is an international organization, and this collaboration will permit us to increase availability to the work of the Academy to the most extensive international crowd possible - which will be beneficial for our membership and the film community," remarked the Academy's executives in a announcement.

Over decades, audience numbers of the televised event have dropped, though there was a slight uptick in 2025, with a considerable amount of youthful audiences tuning in from cell phones and computers.

In a related comment, YouTube's CEO referred to the Oscars "a key essential cultural touchstones" and said that working with the Academy would "inspire a younger cohort of creativity and film lovers while remaining faithful to the Oscars' celebrated heritage".

The broadcast network, which has streamed the awards since 1976, said that it was excited "to hosting the event three more times" it will retain rights for.

The move follows film industry giants deal with intricate takeover attempts. Both options were viewed as problematic for an business that has seen drastic cuts over the recent period.

Similar to major studios, cable networks have faced issues as the audience has chosen streaming services instead.

YouTube winning broadcasting rights to the Academy Awards clearly signals that the dominance of digital platforms will persist increasing.