Los Angeles: The scandal-hit group behind Hollywood´s Golden Globes has accepted a bid to spin off the profitable movie and tv awards present into a brand new, for-profit entity managed by US billionaire Todd Boehly, it mentioned Thursday.
Composed of round 100 leisure writers with hyperlinks to international publications, the Hollywood Overseas Press Affiliation has been tormented by allegations of corruption, racism and amateurism.
These led to a Hollywood boycott that noticed its flagship, high-profile awards present taken off the air by NBC this 12 months.
Boehly, who has main stakes within the Los Angeles Dodgers baseball crew and Chelsea soccer crew, was already the HFPA´s interim CEO earlier than the members on Thursday voted to approve his proposal for a brand new non-public firm controlling the Golden Globes.
“This can be a historic second for the HFPA and the Golden Globes,” mentioned HFPA president Helen Hoehne in a press release.
“We now have taken a decisive step ahead to rework ourselves and adapt to this more and more aggressive financial panorama for each award reveals and the journalism market.”
The HFPA itself will stay a non-profit entity, centered on charitable efforts largely funded by the Golden Globes.
In the meantime, Boehly´s Eldridge Industries will create a brand new firm “empowered to supervise the professionalization and modernization of the Golden Globe Awards.”
New Golden Globes voters from past the HFPA will likely be added “to extend the dimensions and variety of the obtainable voters for the annual awards,” mentioned the assertion.
The awards have historically been second solely to the Oscars in Hollywood, not less than when it comes to prominence and publicity.