Todd Boehly, chairman of Eldridge Industries and the parent company of longtime Golden Globes producer Dick Clark Productions, has presented a new reform plan to the embattled Hollywood Foreign Press Assn. Company Town Golden Globes group spars over reforms on eve of key vote The group behind the Golden Globes is set to vote on a series of promised new reforms, but infighting and inertia have ruled the process, imperiling the HFPA’s ability to enact systemic change. In addition to Dick Clark Productions, the movie studio MRC and the Hollywood Reporter trade publication are among the private equity firm’s holdings. Under its current contract with NBC, Dick Clark Productions earns roughly half of the more than $60-million annual licensing fee that the network is obligated to pay through 2026; the HFPA earns the other half. The plan would put Dick Clark Productions in the position of not only preserving its slice of the licensing pie for a show with an uncertain future, but potentially gaining an even great share of it.

Source: Los Angeles Times July 14, 2021 19:54 UTC