Oscars slim down, will hand out 8 awards ahead of broadcast

To combat slumping ratings, the Oscars are undergoing a radical slimming down, with eight awards to be presented off-air during next month's telecast of the 94th Academy Awards.

Now, instead of starting the ceremony and broadcast all at once, the Dolby Theatre ceremony will begin an hour before the telecast does. The presentation and speeches of those early eight winners will be edited and featured during the three-hour live broadcast, which Rubin emphasized would still provide each winner with their "Oscar moment."