Oscars to shift from Dolby Theatre to central LA's Peacock Theater in 2029

The Academy Awards, popularly known as the Oscars, will move to central Los Angeles' Peacock Theater in 2029, from the Dolby Theatre, located on Hollywood Boulevard. The change in address will coincide with shifting the ceremony's telecast to YouTube the same year.

While the Dolby, formerly known as the Kodak Theatre, has been hosting the Oscars since 2002, the Peacock will offer a larger seating capacity.

The move to the Peacock, around 12 kilometres from the Dolby, will, incidentally, take the ceremony away from the iconic Hollywood sign. The decision brings back the Oscars to a central location in Los Angeles, for the Oscars, held previously at the Dorothy Chandler Pavilion and Shrine Auditorium before moving to



Hollywood.

The Academy of Motion Picture Arts and Sciences announced that the relocation is part of a multi-year partnership with AEG (Anschutz Entertainment Group), the owner of the LA Live complex, which also hosts major award ceremonies including the Emmy and Grammy Awards.

"L.A. LIVE was built to host the moments that define culture, and there is no greater global stage than the Oscars," said Todd Goldstein, chief revenue officer, AEG, said, according to a BBC report.

The venue change coincides with a shift in the Oscars telecast. The year 2029 will also mark the end of ceremony's long-standing broadcast on ABC. Starting that year, the ceremony will be streamed live and free on YouTube.