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Oscars to leave Hollywood for Peacock Theatre in 2029
Lynette Howell Taylor, President, Academy of Motion Picture Arts and Sciences, speaks onstage during the 98th Oscars at Dolby Theatre on March 15, 2026 in Hollywood, California.
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Kevin Winter
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Getty Images
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Topline:
The Academy Awards will leave its longtime home at the Dolby Theatre in Hollywood for the Peacock Theatre at L.A. Live in 2029.
Why now: The Academy announced today that it had reached a 10 year agreement with AEG, the company that operates L.A. Live, to host the Oscars at the Peacock through 2039.
Why it matters: The move will happen the same year the Oscars ceremony will stream on YouTube for the first time, instead of being broadcast live on television. It's also an interesting move, given that the Academy of Motion Picture Arts and Sciences developed the Dolby Theatre specifically to be the home of the Oscars. But the Peacock Theater's 7,000-seat capacity is nearly double the size of the Dolby, and the open-air plaza provides a bigger outdoor space for red carpet arrivals and other pre- and post-show activities.
The backstory: The Dorothy Chandler Pavilion in downtown hosted the Oscars from 1968 to 1986 and became heavily associated with the ceremony. The Oscars then alternated between the Chandler and the Shrine Auditorium next to USC before landing at the Dolby in 2002.
What's next: The Oscars will remain at the Dolby Theatre and be broadcast on ABC in 2027 and 2028. In the meantime, AEG said in a press release that it would upgrade several parts of the Peacock, including its stage and lighting systems, lobby, backstage facilities and more.
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