Oscars to leave Hollywood’s Dolby Theatre in 2029

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The Oscars are leaving Hollywood — or at least Hollywood Boulevard. Beginning in 2029, the Academy Awards will move from the Dolby Theatre, their home for nearly a quarter century, to L.A. Live in downtown Los Angeles, the Academy of Motion Picture Arts and Sciences and AEG announced on Thursday. The ceremony will be held in the theater currently known as the Peacock Theater, which is expected to be renamed before the Oscars arrive. The new agreement runs through 2039. Discussions about the move have been underway for the last couple of years, according to people familiar with the planning…