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Golden Globe Awards bought, Hollywood Foreign Press group shut down

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Golden Globe Awards bought, Hollywood Foreign Press group shut down

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The Golden Globe Awards had been bought to a brand new proprietor amid moral controversies, because the HFPA faces transformation and viewership enlargement.

Golden Globe awardsControversial Golden Globe Awards bought, sparking transformation for HFPA. (Photo: goldenglobes/Twitter)

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

Eldridge Industries bought the Golden Globe belongings with Dick Clark Productions (DCP), which can proceed to handle the awards telecast and give attention to 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 popularity after a Hollywood backlash over its ethics and lack of range, 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 constructing 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 might be eligible to solid ballots for the subsequent ceremony in January 2024, a spokesperson mentioned.

“Today marks a significant milestone in 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 accredited by California’s lawyer common, weren’t disclosed.

First printed on: 13-06-2023 at 08:47 IST



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