HFPA Continues Charitable Commitments as Members Vote to Create New Private Entity for the Golden Globes® In Partnership with Eldridge
LOS ANGELES, July 28, 2022 /PRNewswire/ -- In a historic vote by its membership, the Hollywood Foreign Press Association (HFPA), announced the approval of Eldridge Industries LLC's (Eldridge) proposal to create a new private entity to manage its Golden Globes® assets and preserve its charitable and philanthropic programs in a separate non-profit entity.
"This is a historic moment for the HFPA and the Golden Globes®," said Helen Hoehne, President of the HFPA. "We have taken a decisive step forward to transform ourselves and adapt to this increasingly competitive economic landscape for both award shows and the journalism marketplace. Our Special Committee and team of legal and financial advisors did an incredible amount of work in reviewing, analyzing, and comparing the options presented to us. We are excited to move forward with a manda…
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