Oscars Move to Peacock Theater in 2029

0:00It's March 26. This is Entertainment and Celebrity News today, AI-powered stories from the spotlight. The Academy of Motion Picture Arts and Sciences just announced the big change for the Oscars. Starting with the 101st ceremony in 2029, the show will move from its long-time home at the Dolby Theatre in Hollywood to the Peacock Theatre at LAA, live in downtown Los Angeles. This comes from a 10-year partnership with Entertainment Giant AEG, announced on March 26. The deal runs through 2039, ending the Dolby Theatre's run that began back in 2002. AEG plans major upgrades to the Peacock Theatre, including better stage setups, sound and lighting systems, lobbies and backstage areas. They'll work hand in hand with the Academy to customize everything for the live production. The move lines up with a new global streaming deal on YouTube, kicking off in 2029 and lasting through 2033. For now, the Oscars stay at the Dolby Theatre on ABC through the 100th show in 2028.

1:03Fans can already picture it thanks to an early rendering from the Academy, though it's not the final look. This shift promises the fresh vibe for Hollywood's biggest night.