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Eldridge Industries purchased the Golden Globe
assets with Dick Clark Productions (DCP), which will continue to
manage the awards telecast and focus on expanding the Globes'
viewership around the world, a press release said. DCP is
co-owned by Eldridge and Penske Media.
The sale comes after the HFPA struggled to repair its reputation
after a Hollywood backlash over its ethics and lack of
diversity, which led U.S. television network NBC to drop the
Golden Globes ceremony in 2022.
A Los Angeles Times investigation in 2021 revealed the
organization had no Black journalists in its ranks. Some members
were accused of making sexist and racist remarks and soliciting
favors from celebrities and movie studios.
The HFPA responded by expanding and diversifying its membership
and instituted new ethics policies.
Eldridge Industries Chairman Todd Boehly aims to reshape the
HFPA, a nonprofit organization of international entertainment
reporters, into hired workers in a for-profit venture. All of
the 310 current voters will be eligible to cast ballots for the
next ceremony in January 2024, a spokesperson said.
"Today marks a significant milestone in the evolution of the
Golden Globes,” Boehly said in a statement.
NBC aired the Globes again in 2023. No network has yet signed up
to run the 2024 ceremony.
Financial terms of the deal, which was approved by California's
attorney general, were not disclosed.
(Reporting by Danielle Broadway in Los Angeles; Additional
reporting by Lisa Richwine in Los Angeles; Editing by Matthew
Lewis)
(Photo: A person works on the stage before the 80th Annual
Golden Globe Awards Nominations announcement in Beverly Hills,
California, U.S. December 12, 2022. REUTERS/Mario Anzuoni)
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