The Oscars Will Abandon Broadcast TV For YouTube In 2029

The Academy has struck a multi-year deal to move the Oscars to YouTube starting in 2029, ending decades on ABC and making the ceremony free to stream worldwide with YouTube holding exclusive global rights. Variety reports: The Oscars, including red carpet coverage, behind-the-scenes content and Governors Ball, will be available live and for free on YouTube to viewers around the world, as well as to YouTube TV subscribers in the United States. Architects of the agreement said they hope the move to YouTube will help make the Oscars more accessible to "the Academy's growing global audience through features such as closed captioning and audio tracks available in multiple languages." [...]

The Academy had been seeking a new broadcast licensing agreement for the better part of 2025. Over the summer, several expected and unconventional buyers, including NBCUniversal and Netflix, had come into the mix as potential suitors. Insiders believe that YouTube shelled out over nine figures for the Oscars, besting the high eight-figure offers from Disney/ABC and NBCUniversal. Under the most recent contract, Disney was paying around $100 million annually for the Oscars -- but given the ratings declines for the kudocast, Disney/ABC were reportedly looking to spend less on license fees.

[...] It's not a secret that the Academy and Disney/ABC would occasionally have disagreements over the best path for the Oscars, including the show's length, which awards to present and who should host. Now, on a streamer with no time limits, the Oscars can be any length, and the Academy likely has carte blanche to do whatever it wants with the telecast. "They can do whatever they want," says one insider. "You can have a six-hour Oscars hosted by MrBeast."