"The Academy Awards will move to the Peacock Theater in downtown Los Angeles starting in 2029, marking the end of a more than two-decade run in Hollywood. The venue is part of the 4m sq ft LA Live complex, which will host the Oscars from the 101st ceremony through 2039."
"The Dolby Theatre, the Oscars' home since 2002, will continue to host the ceremony through the 100th Academy Awards in 2028. The decision to move is part of a new partnership between AEG and the Academy of Motion Picture Arts and Sciences."
"LA Live's Peacock Theater has become a premier destination for major events since opening in 2007, hosting music icons and high-profile ceremonies like the Emmys and MTV Video Music awards."
"Todd Goldstein, chief revenue officer for AEG, stated that LA Live was built to host moments that define culture, emphasizing that there is no greater global stage than the Oscars."
The Academy Awards will relocate to the Peacock Theater in downtown Los Angeles in 2029, concluding over two decades at the Dolby Theatre. The new venue, part of the LA Live complex, will host the Oscars from the 101st ceremony through 2039. The Dolby Theatre will continue to serve as the ceremony's home until the 100th Academy Awards in 2028. This change is part of a partnership between AEG and the Academy, aiming to enhance the Oscars' presentation and experience.
Read at www.theguardian.com
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