The Oscars’ decision in 2029 to host the ceremony on YouTube at the Peacock Theatre marks a significant transformation for the Academy Awards. Starting with the 101st ceremony in 2029, the event will move from Hollywood’s Dolby Theatre to the Peacock Theatre at L.A. Live in downtown Los Angeles.
At the same time, the Oscars will shift from a traditional ABC broadcast to an exclusive global streaming service on YouTube. The Oscars have been held at the Dolby Theatre since 2002, becoming a defining part of Hollywood’s awards season.
However, the ceremony will remain at the venue only until the 100th edition in 2028. After that, the Academy will officially transition to its new home. This move marks the end of a long-standing association with Hollywood Boulevard.
The relocation also represents a return to downtown Los Angeles. The Oscars were previously hosted at venues such as the Dorothy Chandler Pavilion and the Shrine Auditorium before moving to Hollywood. Now, the Peacock Theatre at L.A. Live will take centre stage.
The area, located near Crypto.com Arena and surrounded by hotels and entertainment hubs, offers a more modern setting for the global event.
AEG, the operator of Peacock Theatre, plans significant upgrades to meet the Oscars’ production standards. Improvements will focus on stage design, lighting, sound, and backstage facilities. Additionally, the expanded L.A. Live plaza will serve as the new red carpet venue, aiming to enhance the overall experience.
The Academy’s partnership with YouTube marks a historic change in how the Oscars will be broadcast. Starting in 2029, YouTube will hold exclusive global streaming rights. This move reflects a broader shift toward digital platforms and aims to reach a wider international audience.
Academy CEO Bill Kramer and President Lynette Howell Taylor described the partnership as a step toward redefining the Oscars experience. AEG’s leadership also emphasised the opportunity to modernise the event while preserving its legacy.
