Major change is coming to the Oscars.

On Tuesday night, just five months after the lowest-rated Academy Awards telecast on record (a mere 26.5 million viewers tuned in), the Academy of Motion Picture Arts and Sciences' board of governors not only re-elected cinematographer John Bailey as its president, but also approved several major changes to the tradition-bound ceremony's format in the hope of retaining the viewers it still has and luring others back into the fold ahead of the 91st Academy Awards on Feb. 24, 2019.

To address the concerns of those who find the show to be too long and boring (thanks largely to the current existence of 24 competitive awards, of which the general public only cares about a few), Bailey and Academy CEO Dawn Hudson said in a letter to members that the board has "committed to producing an entertaining show in three hours.