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

The Academy Awards will begin streaming exclusively on the global video platform in 2029, representing the newest significant transformation in the film industry.

The organization behind the Oscars made the announcement on Wednesday, stating that it entered into a long-term agreement giving the streaming service the exclusive global rights to the Oscars up to 2033.

The Oscars, which is planned for 15 March, has been broadcast for five decades on the traditional network. Commencing in 2029, the ceremony will be available as a free live stream on the digital platform.

This is one more substantial shakeup in the entertainment world, which is dealing with company buyouts and fusions, in addition to drastic reductions in filming.

"Our Academy represents an international organization, and this collaboration will enable us to broaden reach to the work of the Academy to the largest worldwide audience attainable - which will be advantageous for our Academy members and the cinematic world," said the Academy's executives in a release.

Throughout a long period, viewership of the televised event have fallen, though there was a small rise in 2025, with a considerable amount of youthful audiences streaming from mobile devices and computers.

In a related comment, YouTube's CEO referred to the Oscars "among our vital cultural institutions" and said that working with the Academy would "spark a younger cohort of artistic expression and movie fans while remaining faithful to the Oscars' illustrious history".

ABC, which has aired the ceremony since 1976, stated that it was eagerly anticipating "to the upcoming broadcasts" it will continue to air.

This decision comes as major studios face intricate takeover attempts. Such proposals were considered unfavourable for an industry that has witnessed significant downsizing over the last few years.

Like major studios, traditional TV channels have faced issues as the audience has shifted towards digital platforms as an alternative.

The platform securing broadcasting rights to the Oscars clearly signals that reliance on streaming sites will carry on to grow.