an article<\/a> titled, \u201cWho really gives out the Golden Globes? A tiny group full of quirky characters \u2014 and no Black members.\u201d)<\/p>\n\n\tWithin months of the alleged boycott, Eldridge chairman Todd Boehly became interim CEO of the HFPA and worked alongside then-president Helen Hoehne, now president of the for-profit enterprise, to fast-track an acquisition, according to the complaint. The group claims that they facilitated a \u201cconflicted and corrupt\u201d negotiation for the transaction, pointing to Boehly sitting on both sides of the deal. <\/p>\n
\n\tThe lawsuit also alleges that the terms of the transaction were changed after it closed to greenlight a $27.5 million gift from the HFPA \u2014 all the profits from the 2023 Golden Globes \u2014 to Eldridge. The amendment to the acquisition, the lawsuit claims, wasn\u2019t properly presented to board members and never ratified by the group\u2019s members.<\/p>\n
\n\tShortly after, Boehly announced that he was partnering with Penske Media owner Jay Penske in the deal.<\/p>\n
\n\tThe purchase positioned Penske to \u201ccontrol the entertainment news disseminated to the general public, while maintaining a monopoly over streams of advertising revenue in the market,\u201d writes Daniel Saunders of Kasowitz in the complaint. Marc Kasowitz, founder of the firm, is a longtime personal legal advisor for President Trump.<\/p>\n
\n\tLast February, Hoehne held a meeting with about 50 voters that had been members of the HFPA and had signed contracts with its new corporate owners in June 2023 that entitled them to a base salary of $75,000 annually in a five-year deal. The purpose of the meeting was to be offered severance of $102,500 as the Globes phased out its model of paying its awards voters.<\/p>\n
\n\tPenske owns at least half a dozen major awards shows, a majority of the Hollywood trade publications that sell advertising for awards contenders, the digital media platform that specializes in awards predictions (Gold Derby Media) and the company that measures statistics for awards eligibility (Luminate).<\/p>\n
\n\tRead the Golden Globes\u2019 full statement below: <\/p>\n
\n\t\u201cToday\u2019s lawsuit continues the absurdity and irrationality that the industry has come to expect from the defunct organization formerly known as the HFPA. The Golden Globes transaction closed more than three years ago and received all required approvals \u2014 any assertion that it did not close, or remains subject to reversal, is once again unequivocally false. This latest act of duplicity is a new low, even for the HFPA. The attempt by former HFPA members to leverage the Golden Globe Foundation, an independent nonprofit, simply to secure Golden Globes tickets is an unfortunate distraction that inappropriately diverts resources from legitimate charitable causes. We remain troubled that the HFPA, an organization so widely criticized for ethical failures, non-inclusivity, racism, and misconduct involving talent, continues to find attorneys willing to push such illegitimate claims.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"In 2023, Dick Clark Productions \u2014 a large producer of televised live event entertainment programming, which shares the…\n","protected":false},"author":2,"featured_media":832304,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[49,48,361,75,105274],"class_list":["post-832303","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-ca","tag-canada","tag-celebrities","tag-entertainment","tag-golden-globes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/832303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=832303"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/832303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/832304"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=832303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=832303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=832303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}