Eight weeks remain on Hollywood's awards calendar before the Oscar nominations are announced, and the race to secure the television rights to broadcast the Academy Awards is accelerating. Netflix has exited the bidding, while NBCUniversal now leads the auction, and ABC is holding firm. Variety reports, based on extensive conversations with sources close to negotiations, that momentum is building in the Oscars TV rights auction. As networks weigh price, windowing, and presentation options, bidders are positioning themselves to televise the prestigious Academy Awards. This exclusive update highlights the shifting dynamics shaping who will bring the Oscars to viewers in the coming season.