Oscars to Relocate from Hollywood to Downtown LA's Peacock Theater in 2029

In Brief

The move marks a major shift in the Oscars' tradition, coinciding with the ceremony's first broadcast on YouTube.

Key Facts

• The Oscars will leave the Dolby Theatre in Hollywood after more than two decades.
• The Academy Awards will be held at the Peacock Theater in downtown Los Angeles starting in 2029.
• The new venue is located within the LA Live sports and entertainment complex.
• The 2029 ceremony will be the first Oscars broadcast on YouTube.
• The move is part of a deal between the Academy and AEG, a developer of entertainment venues.

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, beginning in 2029.

Why It Matters

This relocation ends a long-standing tradition and reflects changing trends in event hosting and media distribution, with the Oscars also shifting to a digital broadcast platform.

What's Next

Observers will watch how the new venue and YouTube broadcast impact the ceremony's format, audience reach, and cultural significance in future years.