The Academy of Motion Pictures and Sciences announced Thursday, March 26 that the annual Academy Awards ceremony will move to L.A. Live in downtown Los Angeles in 2029.
After the 100th annual Academy Awards is held in 2028 at the Dolby Theatre in Hollywood, home to the Oscars since 2002, the second century of Hollywood’s most prestigious awards ceremony will move to the current Peacock Theater in the L.A. Live entertainment and sports complex.
The Peacock Theater is expected to have a new name by 2029, the same year the Oscars show moves to YouTube from ABC, its broadcast home since 1976.
L.A. Live is also home to Crypto.com Arena, the Ritz-Carlton and JW Marriott hotels, restaurants and bars and more. The entire 23-acre complex is owned and operated by AEG.
“We are thrilled to partner with a global powerhouse like AEG,” said Academy CEO Bill Kramer and Academy President Lynette Howell in a written statement. “Their track record for building and operating technologically sophisticated live performance venues isunrivaled.
“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,” they said.
Before arriving at the Dolby Theatre, then-known as the Kodak Theatre, the Oscars home had included such venues as the Shrine Auditorium, the Dorothy Chandler Pavilion, the Pantages Theatre, all the way back to the Hollywood Roosevelt where the inaugural Academy Awards were held in 1929.
In December, the Academy announced it was leaving ABC, where it had been broadcast since 1976, for an exclusive agreement to be streamed on YouTube in 2029.
The Peacock Theater has hosted such awards shows as the Emmy Awards, the Rock and Roll Hall of Fame Induction Ceremonies, and more. Crypto.com Arena located next to Peacock in the LA Live entertainment complex, is the current home of the Grammy Awards.