Golden Globe Awards proceed as Hollywood International Press Affiliation folds

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The Golden Globe Awards will shift into a brand new period as Dick Clark Productions and investor Todd Boehly’s Eldridge firm bought the rights, property and properties of the awards present from the Hollywood International Press, the affiliation introduced Monday.

Because of this, the HFPA will shut its doorways, in response to an announcement. All proceeds from the transaction will go towards the brand new Golden Globe Basis, which can deal with “entertainment-related charitable giving,” in response to a information launch.

“We’re excited to shut on this a lot anticipated member-approved transaction and transition from a member-led group to a business enterprise,” mentioned Helen Hoehne, president of the HFPA, in an announcement.

The awards present will now be managed by Dick Clark Productions. Boehly, chairman of funding firm Eldridge, mentioned in an announcement that the transaction will result in “the evolution of the Golden Globes.”

The annual awards present confronted controversy over the previous two years after the Los Angeles Occasions reported that the HFPA, whose 310 members vote on the nominees, had no Black members. A lawsuit from Norwegian journalist Kjersti Flaa additionally alleged that the affiliation participated in quite a few unethical practices, together with “accepting hundreds of {dollars} in emoluments.” The controversy led NBC to announce that it could not be airing the 2022 ceremony.

In response, the HFPA then employed a “chief variety officer” and added guidelines for its members that barred them from accepting studio presents. Hoehne turned the brand new president and added new members, 29 p.c of whom had been Black.

Boehly mentioned the brand new management will take “a strong strategy to governance” and increase the “various and worldwide voting physique” for the awards. The brand new management crew will look to implement “an expert, secure, and accountable setting, and trusting new possession with a brand new path for the Globes.”

Subsequent 12 months’s 81st annual Golden Globe Awards will happen on Sunday, Jan. 7.