Golden Globes Acquired by Dick Clark Productions and Eldridge; HFPA to Shut Down

In the most surprising awards-related news of the year so far, Dick Clark Productions and Eldridge have announced that they have acquired all assets, rights and properties from the Golden Globes and are in the process of building their own association, where they will continue the Golden Globe Awards from there.

According to The Hollywood Reporter, the Hollywood Foreign Press Association will cease to exist and wind down in the forthcoming years as DCP and Eldridge restructure the Golden Globes and create their own organization to continue the awards. HFPA president Helen Hoehne will remain a part of the new organization, while others will leave.

DCP will now host and plan future Golden Globe ceremonies, though it is unclear on which broadcast channel it will air. The HFPA’s deal with NBC expired this year after they hosted the 80th ceremony. The 81st ceremony is currently scheduled to air on January 7, 2024.

In a statement, Eldridge’s Todd Boehly expressed that “Today marks a significant milestone in the evolution of the Golden Globes. My partners at DCP and I are grateful to Helen and team for their commitment to the successful implementation of a robust approach to governance, the expansion of the diverse and international voting body, implementing a professional, safe, and accountable environment and trusting new ownership with a new direction for the Globes.”

Jay Penske of Penske Media and DCP added to Bohely’s statement: “As stewards of the Golden Globe Awards, our mission is to continue creating the most dynamic awards ceremony on live television viewed across the world. We have a great team in place to grow this iconic brand and captivate new and existing audiences to celebrate the very best in television and motion pictures.”

Source: The Hollywood Reporter