Golden Globe Awards on display in the course of the unveiling of the nominations for the eightieth Golden Globe Awards, Beverly Hills, California, Dec. 12, 2022.
Michael Tran | AFP | Getty Images
And the Golden Globes go to … Dick Clark Productions.
The California nonprofit announced Monday that it and asset management company Eldridge acquired all of the assets, rights and properties of the Golden Globes from the Hollywood Foreign Press Association.
The financial details of the transaction weren’t disclosed, however the deal will result ultimately of the HFPA and its membership.
Dick Clark Productions, which runs the Billboard Music Awards and Dick Clark’s Recent 12 months’s Rockin’ Eve, will now plan, host and produce the annual Golden Globe Awards show. The corporate has also formed the Golden Globe Foundation, which is able to proceed the HFPA’s legacy of entertainment-related charitable giving.
“As stewards of the Golden Globe Awards, our mission is to proceed creating essentially the most dynamic awards ceremony on live television viewed internationally,” said Jay Penske, CEO, chairman and founding father of Penske Media and CEO of Dick Clark Productions. “We now have an incredible team in place to grow this iconic brand and captivate latest and existing audiences to rejoice the best in television and motion pictures.”
The dissolvement of the HFPA and the transition of the Golden Globes to Dick Clark Productions comes on the heels of several controversies surrounding the journalist organization. In 2021, NBC refused to air the 2022 annual show on account of concerns in regards to the lack of diversity within the group’s ranks. The Golden Globes returned to NBC in 2023.
The fallout began in February 2021, when a Los Angeles Times exposé detailed that not one of the 87 members of the group were Black and called into query the credentials of lots of the LA-based journalists working for foreign media outlets. Many were found to only contribute sporadically to obscure overseas outlets.
For years, many throughout the industry and outdoors it questioned why certain projects and talent received HFPA award nominations and others didn’t. Often, the Golden Globes nominees differed sharply from those at guild award ceremonies and the Academy Awards.
There have been also concerns in regards to the HFPA’s practice of accepting gifts during its voting period after dozens of its members traveled to France to go to Netflix’s “Emily in Paris” set and were put in a five-star, $1,400-a-night hotel on the Paramount Network’s dime. The show subsequently received two Golden Globe nominations.
The subsequent Golden Globe Awards will happen Jan. 7, 2024.
Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.