The Hollywood Foreign Press Association (HFPA) said on Thursday, Will sell the rights to the Golden Globe awards to a private company. In a statement, the organization reported that many of its members have chosen to transfer management of everything related to the awards to Eldridge Industries LLC, an organization controlled by businessman Todd Boehly, who has served as interim CEO of the HFPA since last year.
It was Boehly himself who suggested that the Golden Globes, mired in a reputational crisis due to internal corruption scandals and malpractice, fall into private hands with a buyout offer in his name. In this way, the management of the association and the awards will pass through different channels. While the HFPA continues to exist as a non-profit organization to organize events, scholarships and other events, everything related to the awards its members vote on will be put into the hands of a new private company.
“This is a historic moment for the HFPA and the Golden Globes. We have taken decisive action to transform ourselves and adapt to an increasingly competitive environment, both at awards galas and in the journalism market,” the association president said. said. hoehne Likewise, the statement suggested the association would increase its ranks with new members eligible to vote at the Golden Globes, but did not elaborate on how the awards and the HFPA will continue to be linked to select candidates and elections. winners.
Hoehne said in a statement that he expects to “celebrate the 80th anniversary of the Golden Globes” in 2023. no chain TV confirmed his interest in broadcasting this premiere Number of awards canceled this year after a constant stream of negative information about those responsible.
NBC, which has broadcast the Golden Globes since 1996, decided not to broadcast the 2022 ceremony after hundreds of advertising firms on both sides of the Atlantic announced a boycott attended by Hollywood heavyweights such as Warner studios. studios.
The quake came after complaints intensified over questionable ethical practices among members of the HFPA, who took advantage of trips and other promotional opportunities offered by Hollywood studios and prevented other journalists from outside the organization from working. But the straw that broke the camel’s back was that awareness of racism in the United States was mid-year that there were no black people in the association’s ranks. After discussion, the HFPA recruited twenty new members and committed to a number of reforms that are not currently evident in the return of the awards. However, specialized media such as The Wrap point out that there will be a conflict of interest as the new owner of the Golden Globes is the producer of fictions such as ‘Ozark’ and ‘The Great’.