Oscars Ceremony Moving to Larger Peacock Theater in Downtown LA

The annual awards show will leave the Dolby Theatre in Hollywood after 2028 and head to the 7,000-seat Peacock Theater starting in 2029.

Mar. 27, 2026 at 2:00am

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The Academy of Motion Picture Arts and Sciences announced that the Oscars ceremony will move from the Dolby Theatre in Hollywood to the larger Peacock Theater in downtown Los Angeles starting in 2029. The 10-year deal with venue operator AEG will give the academy access to the adjacent JW Marriott hotel and its ballroom, as well as other nearby hotels. The Peacock Theater has twice the seating capacity of the Dolby at around 7,000 seats.

Why it matters

The move to the Peacock Theater represents a significant change for the Oscars, which have been held at the Dolby Theatre (previously the Kodak Theatre) since 2002. The larger venue and additional event spaces will allow the academy to potentially expand the ceremony and related events. The move also returns the Oscars to downtown Los Angeles, where the awards were previously held at venues like the Dorothy Chandler Pavilion and Shrine Auditorium.

The details

As part of the 10-year deal, AEG plans extensive upgrades to the Peacock Theater, including new stage, sound and lighting systems, as well as renovations to lobbies, backstage areas, and other production-critical spaces. While the ceremony's look may not change drastically for viewers at home, attendees will no longer be able to walk outside onto the Hollywood Walk of Fame as they could at the Dolby Theatre.

  • The Oscars ceremony will move to the Peacock Theater starting in 2029.
  • The 2029 ceremony will be the 101st edition of the Oscars.

The players

Academy of Motion Picture Arts and Sciences

The organization that presents the annual Academy Awards, commonly known as the Oscars.

AEG

The venue operator that owns and manages the Peacock Theater in downtown Los Angeles.

Dolby Theatre

The current home of the Oscars ceremony, located in Hollywood, which has hosted the event since 2002.

Peacock Theater

The new venue for the Oscars ceremony, located in downtown Los Angeles at the LA LIVE entertainment complex. It has a seating capacity of around 7,000, twice that of the Dolby Theatre.

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What’s next

The 2029 Oscars ceremony at the Peacock Theater will be the first to stream on YouTube under a separate agreement.

The takeaway

The move of the Oscars ceremony from the iconic Dolby Theatre in Hollywood to the larger Peacock Theater in downtown Los Angeles represents a significant shift for the prestigious awards show. The new venue's increased capacity and adjacent event spaces will allow the academy to potentially expand and enhance the ceremony, while also returning the Oscars to its historical roots in downtown LA.