Dick Clark Productions and Eldridge acquire Golden Globes as Hollywood Foreign Press shuts down.
The Hollywood Foreign Press Association (HFPA) has sold the rights, assets, and properties of the Golden Globe Awards to Dick Clark Productions and Eldridge, leading to the closure of the HFPA. The new Golden Globe Foundation will focus on entertainment-related charitable giving. The annual awards show faced controversy over the past two years due to lack of diversity and unethical practices, leading to NBC's decision not to air the 2022 ceremony. The new leadership team plans to expand the diverse and international voting body for the awards.