Golden Globe Awards sold to Elridge Industries; HFPA to shutdown
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Golden Globe Awards is one of the most prestigious awards for filmmaking around the world. The Hollywood Foreign Press Association (HFPA), the voting group has been at the pinnacle of the award ceremony. In the recent past, HFPA received flak for its lack of diversity and ethical lapses. Now, the organization is shutting down and Golden Globe assets have been sold to Elridge Industries.