BEVERLY HILLS, Calif., Feb. 25 (UPI) -- The ABC Television Network's contract to carry Hollywood's annual Academy Awards presentations has been extended for six more years through 2020.
"This contract ensures that the Oscar show will be an ABC tradition for 45 consecutive years," Sherak said in a statement. "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."
Sweeney noted the Oscars festivities have been carried by ABC for a total of 46 years, so we're thrilled to announce that this tradition will continue."
"During that time, we've enjoyed a tremendous partnership with the academy, pairing the best in movies with the best in television, and look forward to a long and successful collaboration in the years to come," he added.