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NEW YORK (AP) — The Golden Globes have found a new broadcast home at CBS after the troubled awards show lost its longtime home at NBC and the Hollywood Foreign Press Association was dissolved after years of scandal. The 81st Golden Globes will air live on CBS and stream on Paramount+ on Sunday, Jan. 7, CBS and the Globes announced Friday. NBC broadcast the 2023 Globes on a one-year basis after the 2022 edition was essentially canceled. After a 2021 report revealed the Hollywood Foreign Press Association had no Black members, stars and studios boycotted the Globes before returning for this year's awards. Political Cartoons View All 1256 ImagesThe Hollywood Foreign Press Association has since been reorganized and no longer exists in name.
Persons: Dick Clark, Todd Boehly Organizations: CBS, NBC, Hollywood Foreign Press Association, Golden Globes, Paramount, Globes, Nielsen, Penske Media, Eldridge Industries
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Eldridge Industries CEO Todd BoehlyTodd Boehly, Eldridge Industries CEO, joins 'Closing Bell' to discuss the market, Fed and economy.
Persons: Todd Boehly Todd Boehly Organizations: Eldridge, Eldridge Industries
Todd Boehly: The market has done the Fed's work for it
  + stars: | 2023-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTodd Boehly: The market has done the Fed's work for itTodd Boehly, Eldridge Industries CEO, joins 'Closing Bell' to discuss the market, Fed and economy.
Persons: Todd Boehly Organizations: Eldridge Industries
[1/2] A person works on the stage before the 80th Annual Golden Globe Awards Nominations announcement in Beverly Hills, California, U.S. December 12, 2022. REUTERS/Mario AnzuoniLOS ANGELES, June 12 (Reuters) - The Golden Globe Awards were sold on Monday to a new owner that will shut down the Hollywood Foreign Press Association (HFPA), the voting group that faced controversy over ethical lapses and a lack of diversity. A Los Angeles Times investigation in 2021 revealed the organization had no Black journalists in its ranks. "Today marks a significant milestone in the evolution of the Golden Globes,” Boehly said in a statement. Reporting by Danielle Broadway in Los Angeles Additional reporting by Lisa Richwine in Los Angeles Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Mario, Dick Clark, DCP, Eldridge, Todd Boehly, ” Boehly, Danielle Broadway, Lisa Richwine, Matthew Lewis Organizations: REUTERS, Globe, Hollywood Foreign Press Association, Eldridge Industries, Golden Globe, Dick Clark Productions, Globes, Eldridge, Penske Media, NBC, Los Angeles Times, Golden Globes, Thomson Locations: Beverly Hills , California, U.S, ANGELES, Los Angeles
The Hollywood Foreign Press Association, a group of entertainment journalists from overseas that, despite frequent missteps, built the Golden Globe Awards into a marquee event, died on Monday after a series of scandals. was announced after California officials agreed to a complicated reorganization plan that will allow the Golden Globe Awards to continue. Eldridge Industries, a holding company owned by the billionaire investor Todd Boehly, and Dick Clark Productions, which is part of Penske Media, agreed to buy the foreign press association’s Golden Globe assets for an undisclosed price. The proceeds will go to a new nonprofit, the Golden Globe Foundation, which will continue the H.F.P.A.’s philanthropic efforts; it gave more than $50 million to entertainment-related charities over the last three decades. Members of the foreign press association — primarily freelance entertainment journalists — will become employees of a yet-to-be-named for-profit entity that will try to expand the Golden Globes as a brand, according to an Eldridge spokesman.
Persons: Eldridge, Todd Boehly, Dick Clark, Organizations: Hollywood Foreign Press Association, Globe, Eldridge Industries, Dick Clark Productions, Penske Media, Golden Globe Foundation, Globes Locations: California
The returns show losses from Thoma Bravo and Clearlake, though the funds are new and PE is a long game. Thoma Bravo and Clearlake Capital Group, two private-equity firms that have emerged as notably active investors in recent years, have posted early losses across some of their funds, according to investment returns from a major US endowment. UTIMCO invested $51.7 million in Clearlake's seventh flagship private equity fund, known as Clearlake Capital Partners VII, which closed with some $14 billion of commitments last May. Thoma Bravo declined to comment. Meanwhile, the data show high returns from CapRock Partners, Renovus Capital Partners, Serve Capital Partners, and LFM Capital, PE firms that target middle-market companies.
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