Golden Globe Awards on display screen throughout the unveiling of the nominations for the 80th Golden Globe Awards, Beverly Hills, California, Dec. 12, 2022.
Michael Tran | AFP | Getty Visuals
And the Golden Globes go to … Dick Clark Productions.
The California nonprofit declared Monday that it and asset administration company Eldridge obtained all the property, legal rights and homes of the Golden Globes from the Hollywood Overseas Press Association.
The fiscal details of the transaction ended up not disclosed, but the offer will end result in the conclusion of the HFPA and its membership.
Dick Clark Productions, which operates the Billboard Songs Awards and Dick Clark’s New Year’s Rockin’ Eve, will now system, host and develop the once-a-year Golden World Awards present. The company has also formed the Golden World Basis, which will proceed the HFPA’s legacy of entertainment-similar charitable offering.
“As stewards of the Golden Globe Awards, our mission is to continue on producing the most dynamic awards ceremony on dwell tv seen across the planet,” said Jay Penske, CEO, chairman and founder of Penske Media and CEO of Dick Clark Productions. “We have a excellent group in area to improve this legendary manufacturer and captivate new and existing audiences to celebrate the incredibly ideal in tv and motion photos.”
The dissolvement of the HFPA and the changeover of the Golden Globes to Dick Clark Productions will come on the heels of numerous controversies surrounding the journalist organization. In 2021, NBC refused to air the 2022 yearly demonstrate due to issues about the deficiency of diversity in the group’s ranks. The Golden Globes returned to NBC in 2023.
The fallout started in February 2021, when a Los Angeles Times exposé detailed that none of the 87 users of the team were Black and called into problem the qualifications of quite a few of the LA-primarily based journalists doing the job for overseas media stores. A lot of ended up discovered to only lead sporadically to obscure abroad stores.
For years, several inside of the field and outside it questioned why specified jobs and talent received HFPA award nominations and other individuals did not. Normally, the Golden Globes nominees differed sharply from those at guild award ceremonies and the Academy Awards.
There had been also issues about the HFPA’s practice of accepting items in the course of its voting time period immediately after dozens of its customers traveled to France to pay a visit to Netflix’s “Emily in Paris” established and were set in a 5-star, $1,400-a-night time hotel on the Paramount Network’s dime. The demonstrate subsequently obtained two Golden Globe nominations.
The upcoming Golden Globe Awards will get location Jan. 7, 2024.
Disclosure: Comcast owns NBCUniversal, the mother or father firm of CNBC.