This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.
The Academy of Motion Picture Arts and Sciences is actively exploring new broadcast partners for the Oscars after the Hulu live stream of the 97th Academy Awards ran into some technical errors. Many Hulu users were booted from the app or experienced blackouts, preventing viewers from seeing Conan O’Brien’s opening monologue and performances from Wicked‘s Cynthia Erivo and Ariana Grande. The issues were eventually resolved within the first hour, but by then, viewers had already missed some of the night’s biggest moments.
According to Bloomberg, AMPAS’s exclusive negotiation window with Disney has expired without securing a new agreement, leaving the door open for other streaming giants like Netflix and Amazon. The current deal, valued at over $100 million annually, has been in place for decades and will continue until 2028, but disagreements over pricing have prompted the Academy to test the market for potential partners.
More to come…
Source: Bloomberg