Oscars: ABC Renews Contract Through 2028

Oscar Statues Generic Art - P 2012
Getty Images

Oscar Statues Generic Art - P 2012

The previous contract was set to expire in 2020.

ABC will keep the broadcast rights for the Academy Awards until 2028, the network and the Academy of Motion Pictures Arts and Sciences announced Wednesday.

The previous contract was set to expire in 2020. Financial details weren't disclosed.

"We’re honored to continue our storied and successful partnership with ABC in broadcasting the most watched live entertainment event of the year," Academy president Cheryl Boone Isaacs said in a statement. "In 2028, we’ll mark the Oscars' 100th anniversary, and ABC is the perfect partner to help us celebrate the magic of movies with our fans."

She added: "On behalf of the Academy, I thank Jim Gianopulos, our Academy treasurer and chair of the board’s finance committee, and Disney/ABC’s Ben Sherwood, for leading these efforts.”

Said Sherwood, Disney Media Networks co-chairman and Disney/ABC Television Group president: “After hosting the Academy Awards more than 50 times, ABC has become the home for Hollywood's most prestigious and glamorous night of television. With this new landmark agreement, ABC is proud to showcase the Oscars all the way to their centennial celebration in 2028."

Said ABC Entertainment president Channing Dungey: “We are elated the Oscars will continue to call ABC home. The ceremony is an important part of network programming, and we’re looking forward to continuing our partnership with the Academy and delivering a multifaceted, and multiplatform, ceremony celebrating the world’s biggest stars and honoring excellence in filmmaking.”

Said Academy CEO Dawn Hudson: “The Academy's partnership with ABC has been one of the most enduring in Hollywood. Both the Academy and ABC set high bars for excellence, and ABC has a proven passion to help us deliver a great show to our global audience. We couldn’t think of a more trusted collaborator to further our mission of inspiring and connecting the world through film.”

The 89th Academy Awards will be held Sunday, Feb. 26.