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In a seismic shift for one of televisions marquee events, the Academy Awards will depart ABC and begin streaming on YouTube beginning in 2029, the Academy of Motion Picture Arts and Sciences announced Wednesday. ABC will continue to broadcast the annual ceremony through 2028. That year will mark the 100th Oscars. But starting in 2029, YouTube will retain global rights to streaming the Oscars through 2033. YouTube will effectively be the home to all things Oscars, including red-carpet coverage, the Governors Awards, and the Oscar nominations announcement. We are thrilled to enter into a multifaceted global partnership with YouTube to be the future home of the Oscars and our year-round Academy programming, said academy chief executive Bill Kramer and academy president Lynette Howell Taylor. The Academy is an international organization, and this partnership will allow us to expand access to the work of the Academy to the largest worldwide audience possible which will be beneficial for our Academy members and the film community. While major award shows have added streaming partnerships, the YouTube deal marks the first of the big four the Oscars, Grammys, Emmys, and Tonys to completely jettison broadcast television. It puts one of the most watched non-NFL broadcasts in the hands of Google. YouTube boasts some 2 billion viewers. The Academy Awards will stream for free worldwide on YouTube, in addition to YouTube TV subscribers. It will be available with audio tracks in many languages, in addition to closed captioning. Financial terms were not disclosed. The Oscars are one of our essential cultural institutions, honoring excellence in storytelling and artistry, said Neal Mohan, chief executive of YouTube. Partnering with the academy to bring this celebration of art and entertainment to viewers all over the world will inspire a new generation of creativity and film lovers while staying true to the Oscars storied legacy. The Walt Disney Co.-owned ABC has been the broadcast home to the Oscars for almost its entire history. NBC first televised the Oscars in 1953, but ABC picked up the rights in 1961. Aside from a period between 1971 and 1975, when NBC again aired the show, the Oscars have been on ABC. ABC has been the proud home to The Oscars for more than half a century,” the network said in a statement. “We look forward to the next three telecasts, including the shows centennial celebration in 2028, and wish the Academy of Motion Picture Arts and Sciences continued success. The 2025 Academy Awards were watched by 19.7 million viewers on ABC, a slight increase from the year before. That remains one of the biggest TV broadcasts of the year, though less than half of Oscar ratings at their peak. In 1999, more than 55 million watched James Cameron’s Titanic win best picture. The film academy, in choosing YouTube over other options such as Netflix or NBC Universal/Peacock, selected a platform with a wide-ranging and massive audience but one without as much of an established production infrastructure. Still, more people especially young people watch YouTube than any other streaming platform. According to Nielsen, YouTube accounted for 12.9% of all television and streaming content consumed in November. Netflix ranked second with an 8.3% market share. Jake Coyle, AP film writer
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E-Commerce
Gen Z is never beating the unemployable allegations. For Gen Z, a growing confidence crisis means common workplace interactions are now a major source of anxiety. Working with unfamiliar colleagues, making small talk, using the phone, and waking up early were among the biggest anxieties for young workers, according to new research from Trinity College London. These fears have also been echoed online. Can we talk about the fear of having to make a phone call in a dead silent office of cubicles, one TikTok creator recently posted. When you finally finish sending that email thats been giving you anxiety and they respond with are you free for a quick call? another viral post reads. The trick is to send this email a few minutes before you go home and then you have valid excuse for “not seeing” the response, one commenter suggested. In two national surveys of 1,538 people aged 16 to 29 across the U.K., 42% said they feel anxious about working with others, 38% find small talk anxiety-inducing, and 30% report phone anxiety. Notably, respondents were more worried about everyday office interactions than about their jobs becoming redundant because of AI. Presenting work (25%) and accepting criticism (22%) were also major concerns. POV: youre presenting on a work call, but your anxiety thinks youre being hunted for sport, one TikTok creator summed it up. More than half of respondents (59%) said they find it difficult collaborating with older colleagues. That may be tied to changing office culture and norms. Over half felt that traditional workplace banter can be inappropriate or offensive, while 42% said theyd had a negative interaction with a colleague or boss. One TikTok creator claimed, Youve never really experienced jealousy until youve worked at a corporation where theres some old coworker who hates you for just being young, skinny and hot. A sentiment echoed by others online. The poll also found 21% had or were dreading entering the workplace for the first time, while 33% of those already in employment said it was challenging. Starting out at work has never been an easy transition, but shifting workplace norms seem to be dialling up the anxiety for the youngest workers. (And honestly, many of the things on the list stress out workers of all ages, too.) So what can employers do to help mitigate the anxiety? Asked what they would change about the workplace, 32% said mental health days should be standard, while 28% would scrap the 9-to-5 in favor of flexible hours. Early mornings and strict start times, many said, filled them with dread. Am I the only one who contemplates quitting their job when I keep having to wake up early and am really tired one TikTok post read. Or as one creator summed up the general mood: The concept of waking up early (which I hate) to go to work (which I hate) to be there ALL day (which I hate) to get off and go home (which I love) and to have to rinse & repeat literally everyday for the rest of ur life (which I hate).
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E-Commerce
Concerns about an AI bubble and increased competition are weighing on Nvidia as the stock fell to a three-month low on Wednesday. Shares of the Santa Clara, California-based company tumbled more than 3% amid a broader decline for those chipmakers that are key to the artificial intelligence boom. Shares of Advanced Micro Devices and Broadcom were also down 4% and 5%, respectively. In recent weeks, a slew of companies have made moves that could chip away at Nvidias domination as the go-to maker of chips for the AI industry. One such company, MetaX Integrated Circuits of China, debuted an initial public offering on Wednesday and surged nearly 700%. BEHIND NVIDIAS DECLINE Once a darling among stock market investors, the hits keep coming for Nvidia lately. Some of its chips are effectively banned in China, while the company has also become a poster child for concerns of a bubble in the AI industry that some investors worry is reminiscent of the dot-com bubble about 25 years ago. In late October, Nvidia became the first stock to be valued at more than $5 trillion. Even though enthusiasm has cooled since then, some investors still worry that the stock prices of AI-related companies are completely disconnected from reality. And the constant rumblings of skepticism don’t show any sign of letting up as Nvidia has become a popular target for short-sellers. Some prominent investors who have successful track records of calling other market declines have become vocal critics of the AI boom. Michael Burry and Jim Chanos are both shorting Nvidia stock, meaning they will make money if the price goes down further. ANALYSTS SIGNAL OPTIMISM Even so, UBS strategists this week put out a report projecting that global capital expenditure on AI could surge nearly 35% next year to $571 billion. And the bank is projecting further gains through the end of the decade. We do not see evidence of an investment bubble, Mark Haefele, chief investment officer at UBS Global Wealth Management, wrote in a research note Tuesday, as reported by Barron’s.. As AI adoption expands from consumer chatbots to broader enterprise and industry use cases, we estimate that the required compute capacity could be orders of magnitude greater than todays installed base, Haefele wrote. What’s more, Bank of America analysts similarly say that the AI boom is still in its early days and has more runway for growth. Nvidia even tops the bank’s recommended list of AI stocks to buy in 2026, according to The Street. But such positive reports did little to counter the negative sentiment surrounding Nvidia. The stock has tumbled more than 16% in the span of about two months.
Category:
E-Commerce
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