Oscars to Leave Hollywood in 2029

The Academy of Motion Picture Arts and Sciences has announced that the Oscars will leave Hollywood after celebrating their 100th ceremony, marking a significant shift for the film industry’s most prestigious event.

READ ALSO: From Quran to Bible: Omah Lay embraces Christianity again

The awards, widely regarded as the most important night in global cinema, will move from the Dolby Theatre on the Hollywood Walk of Fame after 2028. Beginning with the 101st ceremony in 2029, the event will be held at thePeacock Theater, located within the LA LIVE complex in downtown Los Angeles.

The new venue sits next to the Crypto.com Arena, home of the Los Angeles Lakers, placing the ceremony at the heart of one of the city’s busiest entertainment hubs.

In a joint statement, Academy CEO Bill Kramer and President Lynette Howell Taylor said they look forward to working closely with AEG to make LA LIVE “the perfect backdrop” for celebrating cinema, both for audiences in the theater and viewers around the world.

The relocation is part of a broader transformation. Under a new 10-year agreement with AEG, the Oscars will also move away from traditional network television in the United States and instead be streamed globally on YouTube, reflecting changing viewing habits.

The move will end a decades-long run at the Dolby Theatre, located near the historic Roosevelt Hotel, where the first Oscars ceremony was held in 1929.
Although Hollywood has become synonymous with the Oscars, the ceremony has not always been staged there. Over the years, it has been hosted at various venues across Los Angeles, including locations in downtown and, during much of the 1960s, in the coastal city of Santa Monica.

At this year’s ceremony on March 15, One Battle After Another, directed by Paul Thomas Anderson, was awarded Best Picture.