Oscars 2029 to leave Hollywood. In a major surprising decision, organisers shared that Oscars will leave Hollywood after celebrating the centenary celebrations.
Academy CEO Bill Kramer and President Lynette Howell Taylor said "For the 101st Oscars and beyond, the Academy looks forward to closely collaborating with (owners) AEG to make LA LIVE the perfect backdrop for our global celebration of cinema, both for our live in-theater audience and for film fans around the world,"
The 2029 edition will instead be held at The Peacock Theater, part of the vast LA LIVE complex, next to the Crypto.com Arena, home to the Los Angeles Lakers.
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.