Oscars Set for a Major Move to Los Angeles in 2029

The Oscars are preparing for a major change as the globally renowned awards show leaves Hollywood and moves to a new location in Los Angeles in 2029. The ceremony will also shift from traditional broadcast television to streaming on YouTube. This change marks a defining moment in Academy Awards history and opens a new era for movie fans worldwide. The venue promises a larger, modern setting while preserving the prestige and spectacle the event is known for.

The Academy of Motion Picture Arts and Sciences announced that the ceremony will take place at the Peacock Theater, part of the LA Live complex, starting in 2029. The venue offers greater seating capacity, allowing more guests and enhancing the live experience. Located just eight miles from the current Dolby Theatre on Hollywood Boulevard, the move brings the Academy back to central Los Angeles venues such as the Dorothy Chandler Pavilion and Shrine Auditorium.

Todd Goldstein, AEG’s chief revenue officer, shared excitement about the partnership. He said, “LA Live was built to host the moments that define culture, and there is no greater global stage than the Oscars.” He added that the venue will celebrate creativity, honor excellence, and deliver an unforgettable experience for movie fans everywhere.

The Academy emphasized that the move forms part of a multi-year partnership with AEG, which owns LA Live and operates major entertainment events including the Emmys and Grammy Awards. Bill Kramer, CEO of the Academy, and President Lynette Howell Taylor said, “We are thrilled to partner with a global powerhouse like AEG. Their track record for operating technologically sophisticated live performance venues is unrivaled.”

Streaming the Oscars for a Modern Audience

The move to Peacock Theater coincides with another significant shift. The Oscars will leave broadcast TV and stream live for free on YouTube starting in 2029. After more than fifty years on ABC, this change reflects evolving viewer habits and the growing role of digital platforms in delivering major cultural events.

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Although the ceremony will no longer take place in the heart of Hollywood, the new location at LA Live will maintain the glamour and excitement of the Oscars. Fans can expect a modern stage, cutting-edge technology, and a larger capacity that creates a more dynamic live audience. The move also allows the Academy to stay relevant and accessible to younger viewers who increasingly turn to online streaming for entertainment.

The transition to Peacock Theater and the YouTube broadcast marks a key chapter in the awards’ history. By blending tradition with innovation, the Academy will celebrate cinematic achievement while engaging a global audience in new ways. The venue change modernizes one of Hollywood’s most iconic events while honoring the spirit of the Oscars that have captivated viewers for nearly a century.

Furthermore, the partnership with AEG ensures the Academy can deliver a seamless live experience enhanced by technology. Fans worldwide will witness glamour, performances, and acceptance speeches with unprecedented clarity. This move positions the Oscars to grow its international presence while keeping core traditions intact.

Streaming the event on YouTube also opens access to millions of viewers who might not watch traditional television. The Academy can now reach a younger, digitally native audience while maintaining the grandeur expected of Hollywood’s premier awards. The combination of a new venue and modern broadcast methods demonstrates the Oscars’ willingness to evolve with the entertainment landscape.

Ultimately, the move strengthens the Oscars’ global relevance. By combining a larger, state-of-the-art theater with streaming accessibility, the Academy honors its legacy while embracing the future. Movie fans can look forward to witnessing cinematic history in a modern setting that merges spectacle, tradition, and innovation.