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Oscars to leave Hollywood in 2029: Academy
The Oscars will leave Hollywood after celebrating their centenary, organizers said Thursday, as they announced a long-term deal to hold the gala in downtown Los Angeles.
The Academy of Motion Picture Arts and Sciences said the ceremony, the most important night of the year for the global film industry, would leave the Dolby Theatre on the Hollywood Walk of Fame after 2028.
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.
"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," Academy CEO Bill Kramer and President Lynette Howell Taylor said.
P.Stevenson--AMWN