Oscars to Move to Downtown LA Venue in 2029

The Academy Awards ceremony will leave its longtime home at the Dolby Theatre on Hollywood Boulevard.

Mar. 28, 2026 at 6:34am

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The Academy of Motion Picture Arts and Sciences has announced that the Oscars will move to a new venue in downtown Los Angeles starting in 2029. The ceremony will be held at the Peacock Theater, part of the L.A. Live complex, through 2039. This marks the end of the Oscars' run at the Dolby Theatre on Hollywood Boulevard, which has hosted the event since 2001. The ceremony will continue at the Dolby through the 100th Academy Awards in 2028 before transitioning to the new location.

Why it matters

The move represents a significant shift for the Oscars, which have long been associated with Hollywood and the Dolby Theatre. The new downtown venue is part of a broader partnership between the Academy and entertainment company AEG, which operates advanced live entertainment venues. The change also coincides with a new streaming deal that will make the Oscars available on YouTube from 2029 to 2033.

The details

The Oscars will be hosted at the Peacock Theater, located next to Crypto.com Arena and the Los Angeles Convention Center, from 2029 through 2039. The Academy cited AEG's expertise in operating technologically sophisticated live performance venues as a key factor in the move. All coverage of the Oscars, including the red carpet and Governors Ball, will be available to stream on YouTube during the 2029-2033 partnership.

  • The Oscars will continue to take place at the Dolby Theatre and air on ABC through the 100th Academy Awards in 2028.
  • The Oscars will move to the Peacock Theater in downtown LA starting in 2029 and run through 2039.

The players

Academy of Motion Picture Arts and Sciences

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

AEG

An entertainment company that will partner with the Academy to operate the new Oscars venue in downtown Los Angeles.

Peacock Theater

The new venue that will host the Oscars starting in 2029, located as part of the L.A. Live complex in downtown Los Angeles.

Dolby Theatre

The longtime home of the Oscars on Hollywood Boulevard, which will host the ceremony through 2028.

YouTube

The streaming platform that will partner with the Academy to broadcast the Oscars from 2029 to 2033.

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What they’re saying

“We are thrilled to partner with a global powerhouse like AEG. Their track record for building and operating technologically sophisticated live performance venues is unrivaled.”

— Bill Kramer, Academy CEO

“For the 101st Oscars and beyond, the Academy looks forward to closely collaborating with AEG to make L.A. LIVE the perfect backdrop for our global celebration of cinema, both for our live in-theater audience and for film fans around the world.”

— Lynette Howell Taylor, Academy President

What’s next

The Oscars will continue to be held at the Dolby Theatre in Hollywood through the 100th ceremony in 2028 before transitioning to the new Peacock Theater venue in downtown Los Angeles starting in 2029.

The takeaway

The move of the Oscars from Hollywood's iconic Dolby Theatre to a new downtown LA venue represents a significant shift for the prestigious awards show. The partnership with AEG and the shift to streaming on YouTube signal the Academy's efforts to modernize and expand the global reach of the Oscars in the coming years.