Big changes are afoot for the Golden Globe Awards now that Dick Clark Productions and Todd Boehly’s Eldridge have acquired the assets of the awards from the nonprofit Hollywood Foreign Press Association, which will shutter as the Globes franchise moves into a new era.
“We are excited to close on this much anticipated member-approved transaction and transition from a member-led organization to a commercial enterprise,” said Hoehne. “As stewards of the Golden Globe Awards, our mission is to continue creating the most dynamic awards ceremony on live television viewed across the world,” said Jay Penske, who is CEO, chairman and founder of Penske Media, and CEO of Dick Clark Productions. “We have a great team in place to grow this iconic brand and captivate new and existing audiences to celebrate the very best in television and motion pictures.