Deal keeps kudocast on the net for 45 years
ABC has renewed its Oscarcast pact with the Academy of Motion Picture Arts & Sciences for another six years, through the 2020 telecast.
ABC’s previous pact had been set to expire in 2014. Alphabet pays an estimated $50 million a year for the kudocast rights.
“This contract ensures that the Oscar show will be an ABC tradition for 45 consecutive years,” said AMPAS prexy Tom Sherak. “ABC is absolutely the very best place for the Academy Awards, a television event that is beloved and watched by millions of movie lovers all over the world.”