Since 1976, ABC has looked to the film industry's honor pageant as a major advertiser and viewer draw, noting its relationship at Upfront events each May. Starting in 2029, ABC will no longer have the Oscars telecast — nor will any other over-the-air television network.

The award ceremony will be streamed exclusively on YouTube beginning in 2029 following a multi-year deal that will give YouTube the exclusive global rights to The Oscars through 2033.