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The Oscars will leave Hollywood after completing 100 years, organisers announced on Thursday.
The Academy of Motion Picture Arts and Sciences revealed that the ceremony will move out of the Dolby Theatre on the Hollywood Walk of Fame after the 2028 edition.
Starting from 2029, the Oscars will be held at The Peacock Theater, located inside the large LA LIVE entertainment complex in downtown Los Angeles, next to the Crypto.com Arena — home to the Los Angeles Lakers.
Academy CEO Bill Kramer and President Lynette Howell Taylor said in a joint statement: “For the 101st Oscars and beyond, the Academy looks forward to working closely with AEG to make LA LIVE the perfect home for our global celebration of cinema — both for the live audience and for film lovers around the world.”
The 10-year agreement with AEG comes as the Oscars end their long run on traditional US network television and move to worldwide broadcasting on YouTube.
The move also ends a long association with the Dolby Theatre, which is located very close to the Roosevelt Hotel — the venue where the very first Academy Awards were held in 1929.
Although Hollywood has become synonymous with the Oscars, the ceremony has not always taken place there. In the past, it has been hosted at various venues in downtown Los Angeles and, for much of the 1960s, in the coastal city of Santa Monica.
At the most recent Oscars, held on 15 March, Paul Thomas Anderson’s film “One Battle After Another” — a bold story involving leftist revolutionaries, white supremacists, and immigrant detention centers — won the Best Picture award.
