Oscars Move to Downtown L.A., New Home for Awards Season

0:00It's March 26, I'm Cory with the story. This is Entertainment and Celebrity News. Today, driven by AI and built for the culture. Big news for award season. The Oscars are packing up from the Dolby Theatre in Hollywood. Come 2029, the ceremony shifts to the Peacock Theatre in downtown Los Angeles about nine miles away. This comes right as the broadcast jumps from ABC to YouTube. The Academy just signed a 10-year deal with AEG. The folks who run the LA Live Entertainment District, where the Peacock Theatre is located. For over 20 years, the Dolby has been the Oscars home, built specifically by the Academy back in 2002 to host the show. The Peacock sits next door to the Crypto.com arena, where the Lakers and Kings play. It has pulled in crowds lately for the Emmy Awards and Rock and Roll Hall of Fame events. Academy leaders see this as a fresh start in a buzzing downtown spot, blending movies with live sports and music vibes for years to come.