The Academy of Motion Picture Arts and Sciences is exploring new broadcasting options for the Oscars after its long-standing exclusive deal with Disney, which lasted over 50 years, has expired. Informal discussions have begun with potential partners, including Netflix, as the Academy seeks to secure a new agreement that may offer a substantial financial increase. Netflix co-CEO Ted Sarandos has indicated that the streaming service is interested in pursuing a deal to broadcast the Oscars. This shift comes as the Academy evaluates alternative networks and streaming platforms for future ceremonies, following the conclusion of its exclusive negotiating window with Disney without a renewal.
Oscars Exploring New TV Home After ABC's Exclusive Negotiating Window Ends https://t.co/drXQlqSJ8Q
Oscars could be streamed on Netflix after decades on ABC as talks with Disney falter: report https://t.co/YykB95tCb2 https://t.co/oRHsmgDMRl
Netflix co-CEO Ted Sarandos says Netflix will look into streaming deal for the #Oscars. | Variety On the Carpet presented by @TalentiGelato https://t.co/D5bQgohBBX