The Academy Awards used to be the most prestigious and heralded ceremony of the year. But in a move that has sent shockwaves through all of entertainment, the Academy of Motion Picture Arts and Sciences (AMPAS) has announced that the Oscars are officially packing their bags and moving to YouTube.That's right, the future of the Academy Awards is on streaming, starting in 2029. After a 50-year run with ABC, the 101st Academy Awards will mark the beginning of a multi-year exclusive global partnership with Google’s video giant.Let's dive in.The End of an Era“We are thrilled to enter into a multifaceted global partnership with YouTube to be the future home of the Oscars and our year-round Academy programming,” Academy CEO Bill Kramer and Academy President Lynette Howell Taylor said in a joint statement.“The Academy is an international organization, and this partnership will allow us to expand access to the work of the Academy to the largest worldwide audience possible, which will be beneficial for our Academy members and the film community," they continued.The Academy Award will still be found on ABC until 2029. The network will continue to air the Oscars through the 100th-anniversary ceremony in 2028. It’s a poetic conclusion to a relationship that defined the "Golden Age" of televised awards.But it's going to be so weird to see them on YouTube. Sure, the Oscars will be accessible live and for free to over 2 billion users worldwide. And they won't rely on commercials or viewers to be profitable for...
Published By: NoFilmSchool - Yesterday