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A move to YouTube is not the only major change coming to the Oscars in 2029.
The Academy of Motion Picture Arts and Sciences announced on Thursday a new global partnership with sports and entertainment promotion company AEG that will result in the latter’s L.A. Live venue becoming the new home of the Academy Awards starting with the 101st Oscars.
The deal currently runs from 2029 to 2039, with the ceremony more specifically taking place at the Peacock Theater, which is also the current home of the Emmys.
“We are thrilled to partner with a global powerhouse like AEG. Their track record for building and operating technologically sophisticated live performance venues is unrivaled,” said Academy CEO Bill Kramer and Academy President Lynette Howell Taylor via statement. “For the 101st Oscars and beyond, the Academy looks forward to closely collaborating with AEG to make L.A. Live the perfect backdrop for our global celebration of cinema, both for our live in-theater audience and for film fans around the world.”
“L.A. Live was built to host the moments that define culture, and there is no greater global stage than the Oscars,” said Todd Goldstein, Chief Revenue Officer, AEG, as part of the announcement. “We’re proud to partner with the Academy to reimagine what the Oscars can look and feel like in the years ahead. Together, we will create an environment that celebrates creativity, honors excellence, and delivers an unforgettable experience for movie fans everywhere.”
As part of this partnership, AEG says it will undertake comprehensive enhancements to the Peacock Theater, including upgrades to its stage, sound and lighting systems, lobbies, backstage facilities, and additional production-critical areas. AEG will collaborate closely with the Academy to incorporate bespoke design elements needed to accommodate the Oscars ceremony.
L.A. Live also famously has a plaza that has just been expanded, and will host red carpet arrivals and activities. Again, L.A. Live overall will be the first venue to host the Oscars when the telecast moves to YouTube via an exclusive global rights deal with the Academy, which also begins in 2029.
The Oscars will continue to air on ABC, and be broadcast live from the Dolby Theatre, its home since 2002, through the 100th Academy Awards in 2028.
Below are early rendering from the Academy of what the Oscars stage could look like at L.A. Live. They do not represent the final design.
An early conceptual rendering of what the presentation of the Best Actress Oscar could look like at the Peacock Theater.Courtesy of the Academy
Another early rendering to give an idea of what the Best Picture Oscar presentation could look like at the new venue starting in 2029.Courtesy of the Academy
A third conceptual rendering to illustrate how ‘One Battle After Another’ winning Best Picture could have looked at the 2029 Oscars venue, the Peacock Theater at L.A. Live.Courtesy of the Academy
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