The Academy Awards, known as the Oscars, will be relocating from Hollywood to downtown Los Angeles starting in 2029. This move coincides with the event’s first live broadcast on YouTube, as announced by the Academy on Thursday.
Traditionally hosted at the Dolby Theatre on Hollywood Boulevard, the ceremony will now take place at the Peacock Theatre. This venue is a concert hall situated within LA Live, a bustling plaza at the heart of Los Angeles’ downtown skyline, which also houses the Crypto.com Arena, home to the Los Angeles Lakers.
Decade-Long Partnership for the Oscars
This decision will be in effect for ten years as part of a partnership with AEG, the company managing this cultural and sports hub. “For the 101st edition of the Academy Awards and beyond, the Academy is thrilled to work closely with AEG to make LA LIVE the ideal setting for our global celebration of cinema, both for the in-person audience and film fans worldwide,” stated Academy President Bill Kramer and Chairperson Lynette Howell Taylor in a release.
