Oscars Staying in Hollywood
In what ranks as an epic Tinseltown version of killing two birds with one stone, it was announced today that for the next 20 years, the Kodak Theatre will be known as the Dolby Theatre, with the venue’s gold-standard tenant faithfully returning each winter for the duration to throw the annual Academy Awards bash.
From the press release:
“Our ability to swiftly conclude two significant contracts with global entertainment leaders affirms Hollywood as a thriving district,” said Shaul Kuba, co-founder of CIM Group, owners of the Hollywood & Highland Center…
“The Academy’s Board of Governors believes that the home for our awards is in Hollywood.
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