Golden Globe Awards sold, Hollywood Foreign Press group shut down

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Golden Globe Awards sold, Hollywood Foreign Press group shut down


Indian movie composer M. M. Keeravani poses with the award for Best Song – Motion Picture for ‘Naatu Naatu’ from “RRR” within the press room in the course of the 80th annual Golden Globe Awards at The Beverly Hilton lodge in Beverly Hills, California, on January 10, 2023
| Photo Credit: FREDERIC J. BROWN

The Golden Globe Awards had been bought on Monday to a brand new proprietor that may shut down the Hollywood Foreign Press Association (HFPA), the voting group that confronted controversy over moral lapses and an absence of variety.

Eldridge Industries bought the Golden Globe property with Dick Clark Productions (DCP), which can proceed to handle the awards telecast and deal with increasing the Globes’ viewership all over the world, a press launch mentioned. DCP is co-owned by Eldridge and Penske Media.

The sale comes after the HFPA struggled to restore its fame after a Hollywood backlash over its ethics and lack of variety, which led U.S. tv community NBC to drop the Golden Globes ceremony in 2022.

A Los Angeles Times investigation in 2021 revealed the group had no Black journalists in its ranks. Some members had been accused of creating sexist and racist remarks and soliciting favors from celebrities and film studios.

The HFPA responded by increasing and diversifying its membership and instituted new ethics insurance policies.

Eldridge Industries Chairman Todd Boehly goals to reshape the HFPA, a nonprofit group of worldwide leisure reporters, into employed employees in a for-profit enterprise. All of the 310 present voters will probably be eligible to forged ballots for the following ceremony in January 2024, a spokesperson mentioned.

“Today marks a major milestone within the evolution of the Golden Globes,” Boehly mentioned in a press release.

NBC aired the Globes once more in 2023. No community has but signed as much as run the 2024 ceremony.

Financial phrases of the deal, which was accepted by California’s lawyer basic, weren’t disclosed.



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