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Welcoming new sponsors such as Crypto.com and Pfizer, as well as returning sponsors, the 94th edition of the event will be held on Sunday at the Dolby Theatre at Ovation Hollywood. It will air on ABC and across 200 territories worldwide.

Up to six statuettes may be awarded in the new category. For the music category, an original score must now consist of at least 60% original music, and 80% for sequels and franchise films. The Board of Governors discussed the changes via a virtual meeting.