The Golden Globes are officially for sale.
As the scandal-ridden Hollywood Foreign Press Association continues to navigate controversy after controversy, the future of the organization and its iconic Golden Globes award show remain in question.
On Friday, the HFPA announced (via Deadline) plans to consider selling off some of its assets, including the Golden Globes brand, to potential buyers. The move would mean dropping its nonprofit status in an attempt to boost the status of the Golden Globes.
A statement from the organization read, “Continuing its ongoing transformation process, the Hollywood Foreign Press Association (‘HFPA’) announced the beginning of a formal review to determine potential outside strategic interest in its organization and assets. Potential proposals are to be reviewed by a Special Committee composed entirely of independent members of the Board of Directors, with the assistance of financial and legal advisors.”
The Hollywood Foreign Press Association has been plagued with scandals alleging racism,...
As the scandal-ridden Hollywood Foreign Press Association continues to navigate controversy after controversy, the future of the organization and its iconic Golden Globes award show remain in question.
On Friday, the HFPA announced (via Deadline) plans to consider selling off some of its assets, including the Golden Globes brand, to potential buyers. The move would mean dropping its nonprofit status in an attempt to boost the status of the Golden Globes.
A statement from the organization read, “Continuing its ongoing transformation process, the Hollywood Foreign Press Association (‘HFPA’) announced the beginning of a formal review to determine potential outside strategic interest in its organization and assets. Potential proposals are to be reviewed by a Special Committee composed entirely of independent members of the Board of Directors, with the assistance of financial and legal advisors.”
The Hollywood Foreign Press Association has been plagued with scandals alleging racism,...
- 5/13/2022
- by Christian Zilko
- Indiewire
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