- Dick Clark Productions, together with asset administration enterprise Eldridge, has acquired all the assets, legal rights and homes of the Golden Globes from the Hollywood Foreign Push Affiliation.
- The economic specifics of the transaction had been not disclosed, but the deal will consequence in the stop of the HFPA and its membership.
- The following Golden Globe Awards will choose spot Jan. 7, 2024.
And the Golden Globes go to … Dick Clark Productions.
The California nonprofit introduced Monday that it and asset management corporation Eldridge obtained all the assets, legal rights and qualities of the Golden Globes from the Hollywood Overseas Push Affiliation.
The money information of the transaction were not disclosed, but the deal will final result in the end of the HFPA and its membership.
Dick Clark Productions, which operates the Billboard Audio Awards and Dick Clark’s New Year’s Rockin’ Eve, will now program, host and develop the annual Golden World Awards demonstrate. The business has also fashioned the Golden World Basis, which will continue the HFPA’s legacy of enjoyment-relevant charitable supplying.
“As stewards of the Golden Globe Awards, our mission is to go on generating the most dynamic awards ceremony on live tv seen throughout the world,” mentioned Jay Penske, CEO, chairman and founder of Penske Media and CEO of Dick Clark Productions. “We have a excellent team in area to expand this iconic manufacturer and captivate new and existing audiences to rejoice the really finest in tv and motion pics.”
The dissolvement of the HFPA and the transition of the Golden Globes to Dick Clark Productions comes on the heels of numerous controversies encompassing the journalist firm. In 2021, NBC refused to air the 2022 yearly demonstrate thanks to worries about the lack of diversity in the group’s ranks. The Golden Globes returned to NBC in 2023.
The fallout started in February 2021, when a Los Angeles Periods exposé specific that none of the 87 users of the team ended up Black and called into question the credentials of numerous of the LA-primarily based journalists doing the job for international media stores. Lots of had been observed to only lead sporadically to obscure abroad stores.
For yrs, quite a few inside of the market and outdoors it questioned why particular jobs and expertise obtained HFPA award nominations and others did not. Normally, the Golden Globes nominees differed sharply from those people at guild award ceremonies and the Academy Awards.
There ended up also considerations about the HFPA’s observe of accepting gifts all through its voting interval immediately after dozens of its users traveled to France to stop by Netflix’s “Emily in Paris” established and had been place in a 5-star, $1,400-a-night time hotel on the Paramount Network’s dime. The clearly show subsequently received two Golden World nominations.
The following Golden World Awards will take spot Jan. 7, 2024.
Disclosure: Comcast owns NBCUniversal, the guardian corporation of CNBC.