The deal taking the Oscars to YouTube could help the embattled Academy Awards hit the reset button for future ceremonies.

The annual Academy Awards telecast will move from the ABC broadcast network to stream live on YouTube around the world starting in 2029, organizers said on Wednesday.

Every year at Gold Derby, no single event measures up to the cultural significance of the Oscars. That's why when the Academy announced a partnership with YouTube, moving the ceremony to the streaming platform starting in 2029, it was clear that such paradigm-shifting news required the kind of sober and solemn analysis that the moment demands.

The move underscores a broader migration of live events to streaming platforms. YouTube already commands the largest share of U.S. streaming television viewership, according to Nielsen. And while Netflix has acquired rights to the SAG Awards, the Oscars represents a far more significant prize: Hollywood’s ultimate brand.​

YouTube has won the rights to host the Academy Awards starting in 2029. The Google-owned service outbid other offers, including one from the Oscars’ longtime home ABC, which has been hosting the event since 1976. Disney’s deal runs through 2028.

The Oscars are not just changing platforms. They are changing power centers. After more than 50 years on ABC, the Academy of Motion Picture Arts ... Read More

After 50 years, ABC has lost one of the most prestigious events in the broadcasting year as the Oscars heads to YouTube in 2029 in an industry-shifting deal that runs through 2033.