After the news was released in the US media this Monday The purchase of the trademark of the company has been approved by the State of California. Golden Globes After the dissolution of the Hollywood Foreign Press Association (HFPA) – the Hollywood Foreign Press Association, which organizes these awards – por part of Dick Clark Productions and Todd Boehly’s Eldridge. Heralding a paradigm shift for one of the world’s most prestigious film awards, the start of the Oscars, and a veritable thermometer for judging what’s happening in American cinema and television each year.
What happened to this situation when a journalists’ association disappeared and its most important aspect was bought by a large media group? A little history. HFPA was established in 1943. The nonprofit was initially run by the British tabloid newspaper ‘Daily Mail’ and was split into two groups, foreign correspondents and the Los Angeles-based foreign press. Both joined from 1955. In January 1944, the first Golden Globe awards were distributed. The winning film was ‘Song of Bernadette’. THE HFPA has 95 permanent members, including the president – now and since 2021, German Helen Hoehne – and 15 executives.
In recent years, a certain campaign has been launched against him for alleged misconduct. ‘The Los Angeles Times published an article in 2021 explaining that there were no black members in the association. The solution was to broaden voter turnout with people who were not members of the Los Angeles area press. In any case, it was a very baseless attack. Black film reporters from the city of California are American and work for the same “Los Angeles Times” and other publications, so they are not part of the association.
Who is the new owner?
American businessman Todd Boehly is behind this sale, which was approved by the vast majority of HFPA’s 95 full-time members.. Like the late Silvio Berlusconi, he also became the owner of a football club, in his case a Londoner. Chelsea FC. The operation was worth around 5,000m euros and Boehly took control of the club in May 2022, three months after previous owner Roman Abramovich put it up for sale after being sanctioned by the British government for his relations with Vladimir Putin.
Boehly is the Co-Founder, President and CEO of Eldridge Industries.. Struggling to take ownership of Le Cirque du SoleilA process he entered after another financial engineering maneuver when the circus company went into an economic crisis and had among its creditors a US investment company controlled by Eldridge Industries. He also owns 20% of the Los Angeles Dodgers baseball team, ‘The Hollywood Reporter’ and ‘Variety’ publications. –who gave news about the acquisition of the foreign press association– and Dick Clark ProductionsA television company founded in 1957 by radio and television host Dick Clark, partnering the Golden Globes with the HFPA and technical director of the television program. Boehly is also a shareholder of the hotel where the Globes premiere was held.
In short, the highly respected Golden Globes brand for decades is basically Todd Boehly, who already has significant control over the company from the association and other areas associated with the awards. HFPA members will continue to vote for their chosen award, and some will become employees of Boehly companies. What is currently unknown is to know what changes the new owner of the Golden Globes will bring, or what commercial purposes the Golden Globes will have as it is now owned by a for-profit organisation.
Source: Informacion
Brandon Hall is an author at “Social Bites”. He is a cultural aficionado who writes about the latest news and developments in the world of art, literature, music, and more. With a passion for the arts and a deep understanding of cultural trends, Brandon provides engaging and thought-provoking articles that keep his readers informed and up-to-date on the latest happenings in the cultural world.