Last Updated on March 27, 2026 5:08 pm by INDIAN AWAAZ
In 2029, the year the Oscar Awards’ telecast moves from the Walt Disney-owned ABC broadcast network to YouTube, the ceremony itself will move from its long-time home at the Dolby Theatre in Hollywood to the Peacock Theatre in downtown Los Angeles. The Academy of Motion Picture Arts and Sciences (AMPAS), which presents the Oscar Awards annually, announced yesterday that it has reached a 10-year agreement with AEG (Anschutz Entertainment Group), which operates the LA Live complex where the Peacock Theatre sits.
Dolby was developed by the AMPAS itself, expressly as a home for the Oscars. The ceremony has been held there since 2002, with the exception of the COVID-driven downsized show at Union Station in 2021. The academy’s CEO, Bill Kramer, and its president, Lynette Howell Taylor, said in a joint statement that for the 101st Oscars in 2029 and beyond, the Academy looks forward to closely collaborating with AEG to make L.A. LIVE provides the perfect backdrop for their global celebration of cinema.