What will happen to the Golden Globes that this

Michael Taylor

Global Courant

This Monday it was announced that the Hollywood Foreign Press Association (HFPA), a non-profit organization that since 1944 delivered the prestigious Golden Globes, will be dissolved.

The controversy caused the NBC network to decide not to broadcast the 2022 Golden Globes ceremony, while the organization began a series of reforms to diversify the origin of its members and their voters.

But it was not enough.

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Getty Images

They sell the prizes

This Monday it was announced that the Golden Globes were sold to a new owner who will close the HFPA.

As reported by Reuters, Eldridge Industries bought the Golden Globes assets together with Dick Clark Productions, which will continue to manage the awards broadcast and will focus on “expanding the audience of the Globes around the world.”

The new owners will use the HFPA’s assets and available cash to establish the Golden Globe Foundation, which will continue the HFPA’s tradition of charitable giving, Variety reports.

Getty Images Austin Butler won the award for best actor in a drama for “Elvis” in January 2023.

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Current HFPA president Helen Hoehne said the deal had been approved by the association’s 95 full-time members. Financial details of the deal were not disclosed.

Earlier this year, the HFPA announced that the voting pool for the 2024 Golden Globes would be 310 journalists from outside the U.S. That pool, which includes the HFPA’s current 95 members, will remain active for the prizes to be delivered next year.

It is not yet known through which television channel the Golden Globes will be broadcast in 2024.

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As reported by the New York Times, once the HFPA is gone, the organization’s 95 members will receive $75,000 a year for five years to be in charge of watching movies and TV shows that are eligible for the Golden Globes, as well as for who produce promotional materials for the awards website.

For decades the Golden Globes have marked the start of Hollywood’s awards season, a path that culminates with the Oscars in late February or early March.

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What will happen to the Golden Globes that this

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