Conan O’Brien Will Return as Oscars Host in 2026

Show host Conan O'Brien speaks during the start of the Oscars show at the 97th Academy Awards in Hollywood, Los Angeles, California, US, March 2, 2025. (Reuters)
Show host Conan O'Brien speaks during the start of the Oscars show at the 97th Academy Awards in Hollywood, Los Angeles, California, US, March 2, 2025. (Reuters)
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Conan O’Brien Will Return as Oscars Host in 2026

Show host Conan O'Brien speaks during the start of the Oscars show at the 97th Academy Awards in Hollywood, Los Angeles, California, US, March 2, 2025. (Reuters)
Show host Conan O'Brien speaks during the start of the Oscars show at the 97th Academy Awards in Hollywood, Los Angeles, California, US, March 2, 2025. (Reuters)

Conan O’Brien is returning to the Oscars stage in 2026. The late-night host and comedian will preside over the 98th Academy Awards, set for March 15, the film academy’s leadership said Monday.

“The only reason I’m hosting the Oscars next year is that I want to hear Adrien Brody finish his speech,” O’Brien said in a statement.

This year was O’Brien’s first time leading the show, which attracted its biggest broadcast audience in five years despite the winning movie, “Anora,” being relatively small. An estimated 19.7 million viewers watched the 97th Academy Awards ceremony earlier this month, according to broadcaster ABC, with a big lift among people aged 18 to 49, driven by mobile and laptop watches from younger viewers. It was also the most watched prime-time entertainment show of 2025.

“Conan’s unique comedic style perfectly captured the moment, and I’m excited to have his talents back onstage next year to helm another indelible performance,” said Craig Erwich, the president of Disney Television Group, in a statement.

Next year O’Brien will also be surrounded by a familiar team, with Raj Kapoor and Katy Mullan returning as executive producers of the show and Jeff Ross and Mike Sweeney as producers. Academy CEO Bill Kramer and Academy President Janet Yang said in a joint statement that it’s an honor to be working again with the group behind this year’s broadcast.

“This year, they produced a hugely entertaining and visually stunning show that celebrated our nominees and the global film community in the most beautiful and impactful way,” Kramer and Yang said. “Conan was the perfect host — skillfully guiding us through the evening with humor, warmth and reverence.”

The show also succeeded in social media metrics, outperforming both the Grammy Awards and the Super Bowl, according to Oscars organizers. This was the first time that the show was streamed live simultaneously on Hulu, which was not without its glitches.

The timing of the announcement of next year's hosting and producing teams — less than a month after this year's Oscars — is unusually early for the film academy and ABC.



Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
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Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)

Netflix shares rose about 3% in premarket trading on Monday as the streaming giant's upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate.

The company's co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downturns.

Peters said they had not seen any significant shifts in customer behavior, after the company reported first-quarter earnings above analysts' expectations on Thursday.

Netflix also reaffirmed its 2025 revenue forecast of between $43.5 billion and $44.5 billion.

These remarks offered some respite to investors who were worried that President Donald Trump's tariff policies could likely lead to a recession, forcing consumers to rein in spending on streaming services.

"Even in a global recession scenario, Netflix is likely to be highly resilient given the price-to-value of the service remains very attractive," said Jeffrey Wlodarczak, an analyst at Pivotal Research Group, who is five-star rated for both estimate accuracy and recommendation performance, as per LSEG data.

"Their advertising business should demonstrate strong growth in any scenario given its nascent state," Wlodarczak said.

The lower-priced, ad-supported tier accounted for 55% of new sign-ups in countries where it is available, Netflix said.

"While advertising is a small portion of the business today, the longer-term prospects are notably robust...while investments in ad-tech capabilities should drive healthy growth for years to come," BofA Global Research analysts said.

Earlier this month, the Wall Street Journal reported that Netflix aims to double revenue from $39 billion in 2024 and earn about $9 billion in global ad sales by 2030.

The company has upped the ante on delivering steady revenue growth as it ceased reporting subscriber data from this year, leaving Wall Street with fewer metrics to gauge its health.

Peers Walt Disney and Warner Bros Discovery shares were down under 1% each in premarket trading.

At least seven brokerages raised price target for Netflix following its results, bringing the median target to $1,147.50, according to data compiled by LSEG.