The Oscars are going digital, partnering with Hulu to stream the 97th Academy Awards live for the first time ever.
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The Oscars' historic move to Hulu marks a major shift in how the awards show reaches audiences, tapping into the streaming platform's growing subscriber base.
This deal reportedly cost ABC's parent company, Disney, a whopping $150 million - a sign of the high stakes and big bets being placed on the future of live TV events.