
The Hollywood Foreign Press Association (HFPA), the voting organization that sparked uproar over ethical flaws and a lack of diversity will shut down as new the Golden Globe Awards were sold to new owners on Monday.
According to a press release, Eldridge Industries bought the Golden Globe assets with Dick Clark Productions (DCP), which will keep control of the awards show and concentrate on boosting global Globes viewership. Penske Media and Eldridge jointly own DCP.
What went wrong with Hollywood Foreign Press Association?
The HFPA struggled to rebuild its reputation following criticism from Hollywood regarding its ethics and lack of diversity, which caused American television network NBC to cancel the Golden Globes ceremony in 2022.
No Black journalists were working for the company, according to a Los Angeles Times inquiry in 2021. Some members were charged with making racist and sexist statements and asking famous people and movie studios for favors.
In response, the HFPA increased and diversified its membership and implemented new ethics guidelines.
Todd Boehly, chairman of Eldridge Industries, wants to turn the HFPA, a nonprofit group of international entertainment reporters, into employees of a for-profit company. According to a spokeswoman, all 310 of the present voters will be qualified to participate in the ceremony in January 2024.
No network has agreed to broadcast the Golden Globes in 2024
“Today marks a significant milestone in the evolution of the Golden Globes,” Boehly said in a statement.
In 2023, NBC broadcasted the Globes again. As of now, no network has agreed to broadcast the ceremony in 2024.
The agreement’s financial details weren’t made public, but the attorney general of California approved it.



