Gideon Resnick

That's right.

Beginning in 2029, the Oscars are going to stream exclusively on the platform, reaching more than 2 billion people across the world.

It's been described as a watershed moment for the entertainment business, as ABC has been the home for the Oscars since 1976.

And it comes at a tense moment for the industry, as debates continue over the future of streaming, movie theaters, and mergers.

One screenwriter summed up his reaction to the move by saying, quote, YouTube broadcasting the Oscars is like shaking hands with the guy who's trying to kill you.

But Variety writes that there could be some upsides, a show that might not be constrained by a three-hour time slot, unfiltered hosts, and more.

And maybe, just maybe, fewer people getting their speeches cut as the orchestra plays them off.

You can find all these stories and more in the Apple News app.

And if you're already listening to the news app right now, we have a narrated article coming up next.

Esquire reports on how the sins of a televangelist power couple threatened to tear their empire and family apart.

If you're listening in the podcast app, you can follow Apple News Plus Narrated to find that story.

And I'll be back with the news tomorrow.

Good morning.

It's Wednesday, December 17th.

I'm Gideon Resnick, in for Shamita Basu.

This is Apple News Today.

Coming up on today's show, frustrations mount over the Brown University investigation, what authorities are probing after the Bondi beach shooting, and President Trump calls for a blockade near Venezuela.

But first, House Speaker Mike Johnson announced yesterday that he would not call a vote to extend enhanced subsidies under the Affordable Care Act.

That means that in all likelihood, millions of Americans who get their coverage under the ACA are going to see premiums go up next year.

Now, he explained that many members in his conference, particularly some who might face difficult elections in next year's midterms, had wanted to extend the funding.