
Starting in 2029, Hollywood's biggest night in the film world will officially be broadcast on YouTube, the Academy of Motion Picture Arts and Sciences (AMPAS) announced.
The multi-year agreement between the Academy and YouTube will last until 2033.
"We are incredibly excited to enter into a global and multidimensional partnership with YouTube, which will be the future home of the Oscars and our year-round programming," Academy representatives said.
"We will be able to honor cinema, inspire new generations of actors, and provide access to our film history on an unprecedented global scale," they said.
The change marks the end of the ceremony's long-standing partnership with ABC, which has broadcast the ceremony since 1976. The current contract with ABC, which is owned by Disney, ends in 2028. According to Deadline, YouTube - owned by Google - submitted the highest bid, beating out other offers, including ABC's.
The first Oscars ceremony to be broadcast on YouTube will be the 101st edition.
