Oscars to Relocate to Downtown Los Angeles' Peacock Theater in 2029

In Brief

The move marks a significant shift for the Academy Awards, reflecting changes in both venue and broadcast strategy.

Key Facts

• The Oscars will end their more than two-decade run at the Dolby Theatre in Hollywood in 2029.
• The new venue for the Academy Awards will be the Peacock Theater at LA Live in downtown Los Angeles.
• The move coincides with the Academy shifting its annual awards broadcast to YouTube in the same year.
• The relocation is part of a deal between the Academy and AEG, a developer of entertainment venues.
• The Peacock Theater is located within the 4 million square foot LA Live sports and entertainment complex.

What Happened

The Academy of Motion Picture Arts and Sciences announced that the Oscars will move from the Dolby Theatre in Hollywood to the Peacock Theater at LA Live in downtown Los Angeles starting in 2029.

Why It Matters

This relocation ends a longstanding tradition and may influence the event's cultural and logistical dynamics, as well as its broadcast reach with the shift to YouTube.

What's Next

Observers will watch for details on how the new venue and broadcast platform will affect the ceremony's format, audience, and industry impact.