Oscars Staying in Newly Named Dolby Theater

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The Kodak Theatre in the new Hollywood & Highland complex March 6, 2002 in Hollywood, CA will be the new home of the 74th Academy Awards presentations March 24, 2002. The construction of Hollywood & Highland, with its theaters, restaurants, stores, and hotels, is designed to revitalize the city of Hollywood which had been in a state of economic and aesthetic decline in recent decades. (Photo by David McNew/Getty Images) Photo: David McNew/Getty Images

The Oscars will be staying put at the venue formerly known as the Kodak Theater — though it's losing its moniker thanks to Kodak's bankruptcy. It's now the Dolby Theater, the facility's owners announced today, and it will house the Oscars for the next twenty years. Now you know just what to envision when you picture your 2031 Oscar acceptance speech.