Los Angeles: The scandal-hit group behind Hollywood´s Golden Globes has accredited 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 stated Thursday.
Composed of round 100 leisure writers with hyperlinks to overseas publications, the Hollywood International Press Affiliation has been suffering from 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 group and Chelsea soccer group, was already the HFPA´s interim CEO earlier than the members on Thursday voted to approve his proposal for a brand new personal firm controlling the Golden Globes.
“It is a historic second for the HFPA and the Golden Globes,” stated HFPA president Helen Hoehne in a press release.
“We’ve got taken a decisive step ahead to rework ourselves and adapt to this more and more aggressive financial panorama for each award exhibits 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 can be added “to extend the dimensions and variety of the out there voters for the annual awards,” stated the assertion.
The awards have historically been second solely to the Oscars in Hollywood, at the very least by way of prominence and publicity.