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Golden Globes Acquired By Dick Clark Productions & Eldridge; HFPA To Wind Down
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deadline.comDick Clark Productions and Eldridge said Monday morning that they have acquired all the Golden Globes’ assets, rights and properties from the Hollywood Foreign Press Association.
As a result, the Hollywood Foreign Press Association, and its membership, which have handed out the awards, will be winding down.
The announcement was made by Todd Boehly, Chairman of Eldridge, and Jay Penske, CEO, chairman and Founder, Penske Media, who also is CEO of DCP.
With proceeds from the transaction and the existing resources of the HFPA, the new owners will launch the Golden Globe Foundation, which will carry on HPFA’s entertainment-related charitable giving.
Read more on deadline.com
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