International distribution of the annual Academy Awards known as the Oscars will continue to be handled by Disney Media Distribution until 2020.
"Disney Media Distribution has been successful in securing distribution around the world for the Academy Awards, and we're thrilled to extend this partnership," Tom Sherak, president of the Academy of Motion Picture Arts & Sciences says in a just released statement. "The Oscars are an international event beloved by a global audience. It's a testament to the magic of Hollywood."
The most recent Oscars were seen in more than 225 territories internationally.
