United Kingdom, Dec. 18 -- The Academy Awards are moving to YouTube.

The Academy of Motion Picture Arts and Sciences have agreed a multi-year deal with the streaming service starting in 2029, which will allow the video-sharing platform exclusive rights to the Oscars ceremony until 2033, ending a partnership with ABC, which has broadcast the event since 1976.

In addition, red carpet coverage, behind-the-scenes content, and the Governors Ball will stream live and free to viewers around the world, as well as for YouTube TV subscribers in the US.

In a statement, Academy CEO Bill Kramer and Academy President Lynette Howell Taylor said, "We are thrilled to enter into a multifaceted global partnership with YouTube to be the future home of the...