New Delhi, Dec. 18 -- The Academy Awards will leave ABC and begin streaming exclusively on YouTube starting in 2029, the Academy of Motion Pictures Arts and Sciences announced on Wednesday (December 17). ABC will continue to broadcast the Oscars through 2028, which will mark the 100th edition of the awards.

Under the new arrangement, YouTube will hold global rights to stream the Oscars through 2033. The platform will host all Oscars-related content, including the red carpet coverage, the Governors Awards, and the announcement of Oscar nominations.

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