The Academy of Motion Picture Arts and Sciences and YouTube announced Dec. 17 that the Oscars will be broadcast globally on YouTube between 2029 and 2033. The Academy said its current domestic broadcast partnership with ABC will run through the 100th Oscars in 2028.

After 50 years, ABC has lost one of the most prestigious events in the broadcasting year as the Oscars heads to YouTube in 2029 in an industry-shifting deal that runs through 2033.

Starting in 2029, the Oscars will be leaving its longtime home of ABC and instead be broadcast via YouTube, sources familiar with the discussions told The Hollywood Reporter. ABC has broadcast the Oscars since 1961. The 2028 Oscars, the last with the network, will be the 100th annual ceremony.

The Oscars on YouTube means an unlimited runtime, unfiltered hosts and a show younger people will actually want to see.

This big move marks the end of a 50-plus-year partnership between the Academy and ABC, which acquired rights in 1976 retain and will air the Oscars through 2028, ending its run with the historic 100th ceremony. Even more significantly, this sees the Oscars departing traditional TV for the first time since its first broadcast in 1953 on NBC.

If you ever for one second thought watching videos online was not the way of the future, the movie industry has made it official. The Academy of Motion Picture Arts and Sciences, aka the group behind the Oscars, just signed a new deal that will bring the biggest night in cinema exclusively to YouTube starting in 2029.

The Oscars, an iconic tentpole of the broadcast TV landscape, are moving to YouTube. What could that mean for sports' biggest events?