The Hollywood Foreign Press Association (HFPA) announced on Thursday that it will transfer the rights to the Golden Globes to a private company. In a formal statement, the organization noted that a majority of its members have chosen to move the management of everything related to the awards to Eldridge Industries LLC, a firm controlled by Todd Boehly, who has served as interim chief executive of the HFPA since last year.
Bo ehly himself proposed that the Golden Globes, already facing a reputational challenge due to internal concerns and past malpractice, be placed under private ownership through a buyout executed in his name. As a result, the leadership of the association and the awards would pass through new channels while the HFPA remains a separate nonprofit entity dedicated to supporting scholarships, events, and related activities. The actual decision‑making for the awards would be handled by the private operator moving forward.
“This marks a turning point for the HFPA and the Golden Globes,” stated the association’s leadership. The group described steps to transform the organization to better compete in both the awards circuit and the evolving journalism landscape. The release also indicated plans to broaden the voting pool for the Golden Globes by adding new members who would be eligible to participate in the process, though specifics on how the linkage between the HFPA and the selection of candidates and winners would be maintained were not provided.
Leadership indicated expectations of a celebratory milestone as the Golden Globes approach their 80th anniversary, with planning focused on preserving the event’s significance while adapting to changing media environments. The statement also touched on broadcast considerations and the potential for adjustments in how the ceremony is presented to audiences in the future, reflecting broader industry shifts away from traditional models after a period of heightened scrutiny.
Historically, NBC has carried the Golden Globes since 1996 but chose not to air the 2022 ceremony amid a widespread boycott by advertisers and major studios on both sides of the Atlantic. The move followed sustained scrutiny of the HFPA, including questions about ethical practices, membership diversity, and opportunities offered to insiders tied to Hollywood studios, which had limited access for independent journalists. The organization later expanded its membership and committed to reforms aimed at restoring credibility, even as observers noted potential conflicts of interest with the new ownership structure given the producer’s involvement in popular television dramas. There is cautious optimism that the transition could reinvigorate the event, though critics remain watchful of how independence, governance, and editorial standards will be maintained under private management.