On Monday, Eldridge, the presidents and CEOs and owner of production company Dick Clark Productions, announced that the organizations have purchased all the rights, assets and properties of the Golden Globes, meaning they will now be a part of the awards ceremony. a commercial, for-profit operation. Additionally, this means that the long embattled Hollywood Foreign Press Association will be dissolved, and it questions what form the Golden Globes will take as the ceremony transforms from a product of a nonprofit to something else entirely.
“We are excited to finalize this highly anticipated member-approved transaction and transition from a member-led organization to a commercial enterprise,” HFPA president Helen Hoehne said in a press release.
The HFPA has consistently been the subject of Hollywood jokes, and the Globes, while influential, are seen as something akin to the drunken little brother of the Academy Awards.
But the 2021 investigation Los Angeles times it also found that the nonprofit regularly makes large payments to its members in ways that could potentially violate IRS guidelines; that same year, the news that not a single Black member of the organization was present sparked a storm of protest against the Globes ceremony.
This Los Angeles Times The investigation also revealed that HFPA members voted against hiring a diversity counselor after then-President Lorenzo Soria suggested seeking a potential candidate in 2020.
Then there’s the long history of alleged HFPA members accepting bribes from studios in the form of paid trips and luxury goods, and then turning to seemingly undeserved projects like Netflix’s and handing out nominations. Emily in Paris and the Johnny Depp-Angelina Jolie disaster Tourist.
So, of course, the Globes are separating themselves from the HFPA, but now the ceremony will be overseen by DCP, Eldridge and Penske Media Eldridge, which means the awards are now owned by the same company. Deadline, Diversity, And Hollywood Reporter. How will it be better?
“I think we’ve seen the overwhelming reality of monopolies in the entertainment industry filter through FCC regulations and board approval in a way that has never been appropriate before, so I wouldn’t say it’s much better,” said Erik Anderson. EIC of AwardsWatch, He told The Daily Beast. “Each of these publications will post ‘and we’re all under the same parent company, Penske,’ or otherwise, on anything they write about the Golden Globes, but that sales monopoly was in effect long before today.”
“The ‘Golden Globes’ name now belongs to people hoping to monetize it as a broadcast or rewards program. There’s nothing else about it,” by Mark Harris Mike Nichols: One Life And Pictures in a Revolution tweeted On Monday. “The Globes is now co-owned by Dick Clark Productions, owned by Jay Penske. Deadline, Diversity, And hollywood reporter, all of which leverage Globes ads for your consideration,” Harris said. “This – what a beautiful word? – messy.”
Harris later added, “It’s good to see that the Globes will continue their two most sacred traditions: questionable procedures and startling chaos.”
Film reporter Daniel Joyaux said, “Now that all the real media will no longer be allowed to make fun of how worthless the Globes are, the rest of us must take the loop and redouble our efforts.” tweetedinevitably anticipates friendly news from three of the industry’s foremost trade publications.
“Some [writers at these outlets] He was already critical of the HFPA, but now that the HFPA is defunct, will that critical eye return to what the Globes are now? Anderson went on to The Daily Beast. “I think it would be insightful to observe the coverage between now and when the next Globes show is due in January. I don’t to think There will be a big change in coverage, but we’ll have to wait and see.”
No one can predict how the Golden Globes will look and feel going forward, especially since the awards still don’t have a broadcast partner at the moment. One thing’s for sure: without the Hollywood Foreign Press Association, the ceremony’s famous hosts will have to find a new source of reliable prank bait. Will they dare to pursue trades?