Oscars to leave Dolby Theatre for Peacock Theatre in 2029

The Academy Awards are set for a major transformation, with the ceremony officially leaving its longtime home at the Dolby Theatre and relocating to the Peacock Theater beginning in 2029.

According to Variety, the move will begin with the 101st Oscars ceremony in 2029 and continue through at least 2039 as part of a long-term agreement.

The Dolby Theatre has hosted the Oscars since 2002, becoming synonymous with Hollywood’s biggest night. However, the upcoming shift marks the end of that era, with the 100th Academy Awards in 2028 expected to be the final ceremony held at the iconic venue.

The new venue, located in downtown Los Angeles within the L.A. Live entertainment complex, offers greater capacity and upgraded production capabilities, allowing for a larger audience and expanded red carpet experience.

The move is part of a broader partnership between the Academy of Motion Picture Arts and Sciences and entertainment company AEG, which operates the Peacock Theater. The deal reflects an effort to modernize the Oscars and reimagine the ceremony for a global audience.

The Peacock Theater is no stranger to major events, having previously hosted high-profile shows such as the Emmys and MTV Video Music Awards, making it a fitting new home for the film industry’s biggest night.

The relocation also coincides with another major shift: starting in 2029, the Oscars broadcast is expected to move away from traditional television and stream online, signaling a new era for the awards show.

While the Dolby Theatre era comes to a close, the Academy is expected to mark the milestone 100th ceremony in 2028 as a major send-off before ushering in a new chapter for the Oscars in downtown Los Angeles.