00:00The Oscars, which have aired for decades on ABC, will be moving to YouTube starting in 2029
00:05and continuing through at least 2033. The Academy of Motion Picture Arts and Sciences
00:11announced the news on Wednesday that is sure to send shockwaves across the entertainment industry.
00:16ABC will continue to air the world's most-watched awards show through the 100th Oscar ceremony in
00:212028. News of this deal comes after The Hollywood Reporter reported in a cover story earlier this
00:27year that YouTube is intent on becoming, quote, the most powerful platform on earth. The Academy
00:31said in a press release, in part, the Oscars, including red carpet coverage, behind-the-scenes
00:36content, governor's ball access, and more, will be available live and for free to over 2 billion
00:42viewers around the world on YouTube and to YouTube TV subscribers in the United States.
00:47YouTube CEO Neil Mohan said,
00:50The Oscars are one of our essential cultural institutions, honoring excellence in storytelling
00:55and artistry. Partnering with the Academy to bring the celebration of art and entertainment
00:59to viewers all over the world will inspire a new generation of creativity and film lovers,
01:04while staying true to the Oscars' storied legacy. As for ABC, they issued a statement to THR that reads,
01:10ABC has been the proud home to the Oscars for more than half a century. We look forward to the next
01:15three telecasts, including the show's centennial celebration in 2028, and wish the Academy of Motion
01:21Picture Arts and Sciences continued success. Going into the rights talks that led to this deal,
01:26streaming was a top priority for the Academy. The Oscars only streamed online for the first time
01:30this year, with Disney putting the show on Hulu. For much more on this story and all the latest
01:35updates, go to THR.com. This is The Hollywood Reporter News.
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