End of an Era: Oscars Say Goodbye to Hollywood

In 2029, The Academy Award will starts a new journey in relocate from other theater instead of Dolby Theater.

Since 2002, the Dolby Theater in Los Angeles is the home for Oscar awards, the organizers announced on Thursday that the Oscar in 2029 will be completely change.

The new home of Oscars in 2029 is Peacock Theater marking the end of an era for the iconic venue that has hosted the ceremony Dolby Theater in Los Angeles.

The 2029 edition will instead be held at The Peacock Theatre, part of the vast LA LIVE complex, next to the Crypto.com Arena, home to the Los Angeles Lakers.

Academy CEO Bill Kramer and President Lynette Howell Taylor said, “For the 101st Oscars and beyond, the Academy looks forward to closely collaborating with (owners) AEG to make LA LIVE the perfect backdrop for our global celebration of cinema, both for our live in-theatre audience and for film fans around the world.”

The shifting is part of a multi-year partnership between the Academy of Motion Picture Arts and Sciences and AEG, which owns the LA Live complex where the Peacock Theater is located. The agreement will see the Oscars staged at the new venue through 2039.

The Oscar will leave U.S network television and steamed globally on YouTube starting in 2029, this move overlaps with the major broadcast shift because Hollywood has not always been the permanent home of the Academy awards.

The ceremony was hosted in Santa Monica in 1960, and over the year, different places across the downtown L.A have served as locations for the event.

CEO Bill Kramer and President Lynette Howell are the Academy leaders, they welcomed the partnership, highlighting AEG’s track record in operating advanced live performance venues.

The Oscar’s 100^th ceremony was the held in Dolby Theater for the last time, scheduled for 2028 still set to be held there and broadcast on ABC.

The Academy Awards’ new chapter reflect the efforts of modernize the event while maintaining its status as the film industry’s most prestigious honor.

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