The Academy Awards could soon be looking for a new television home over a disagreement with the Walt Disney Company about the value of its broadcast rights, according to a report. The Academy of Motion Picture Arts and Sciences has held information discussions with streaming giant Netflix about televising the Oscars after it reached an impasse with ABC parent Disney over what it should pay to extend its current rights agreement,

The audience for the Oscars has declined more than 50% over the last decade. Will that lead to a break-up with its home of more than 50 years?

The Academy is exploring new broadcast partners for the Oscars as Disney negotiations stall, while Hulu’s streaming issues raise concerns.