Golden Globes sold to new owners after years of scandals

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Dick Clark Productions has acquired the Golden Globes, resulting in the dissolution of the Hollywood Foreign Press Association after years of controversy.

DCP announced Monday that it and asset management company Eldridge have acquired all the assets, rights and properties of the Golden Globes from the HFPA.

DCP, which also puts on the Billboard Music Awards and “Dick Clark’s Rockin’ New Year’s Eve,” will now plan, host and produce the annual Golden Globe Awards show.Jerrod Carmichael hosted this year’s Golden Globes in January.The proceeds from the sale, plus the existing resources of the HFPA, will go into a newly-formed nonprofit, the Golden Globe Foundation.

 

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