Reports of the Golden Globes resurrection on NBC might be premature.
Reports of the Golden Globes resurrection on NBC might be premature.
The MRC Entertainment has separated its media assets from Todd Boehly’s Eldridge Industries in a reorg in which MRC co-CEOs Modi Wiczyk and Asif Satchu will take bigger stakes in production with Eldridge keeping Dick Clark Productions and a Penske Media joint venture. MRC will retain and control its existing operations as a leading independent studio, with three distinct divisions — film, TV and nonfiction. MRC will also retain its stakes in Civic Center Media and T-Street, the companies said Friday in a news release.Eldridge will retain Dick Clark Productions, investments in A24, Fulwell 73, Sugar 23 and Luminate, as well as the Penske Media Corporation, which includes The Hollywood Reporter, Variety, Billboard, Rolling Stone, Deadline Hollywood, Vibe, Music Business Worldwide, Life Is Beautiful and a majority investment in South by Southwest.
Eldridge and MRC said today that they have completed the separation of combined media assets.
William Earl MRC leaders Modi Wiczyk and Asif Satchu and Todd Boehly’s Eldridge holding company have reached a deal to carve up their jointly owned assets into separate business entities.Wiczyk and Satchu will retain the MRC production entity, home to TV series including Netflix’s “Ozark” and Hulu “The Great,” and MRC’s investments in content shops Civic Center Media and T-Street.Eldridge will retain Dick Clark Productions and investments in hot indie studio A24, James Corden and Ben Winston’s Fulwell 73, Michael Sugar’s Sugar 23 and audience data firm Luminate. Eldridge also holds on toits minority stake in the PMRC joint venture established in 2020 that is the parent company of Variety, Rolling Stone, Billboard, Vibe, The Hollywood Reporter, Music Business Worldwide, the annual Life is Beautiful music festival and an investment in the SXSW festival franchise that is expanding beyond its Austin, Texas roots next year with an edition in Sydney, Australia.
the Lionesses ended 56 years of hurt with an emphatic and dramatic victory in the UEFA Women's Euros final against the greatest of footballing rivals for this country in the form of Germany. Substitute and Man United star Ella Toone opened the scoring midway through the second half with a perfectly timed chip after she was played through exquisitely by the player of the match Keira Walsh.
voted to sell itself to billionaire Todd Boehly on Thursday, writing in a scathing letter to the group’s president: “I feel duped and misinformed.”In an email to HFPA president Helen Hoehne obtained by TheWrap, Marcel Pariseau of True Public Relations wrote that he and his industry colleagues had been trying to help the HFPA enact reform, but have come away disappointed.“As a group of publicists we have been asking for the last few months and much, much longer for a zoom call/meeting with all of us… publicists, streamers, studios, networks, clients to garner an update and to educate us about your progress and reforms,” he wrote, cc’ing dozens of other prominent Hollywood publicists. He continued: “Once we had that information the goal was to help the HFPA towards a positive and productive path in terms of the Globes moving forward that was beneficial for ALL.“Many of you may not believe this sentiment but that was the intention for many of us… I know it was for me. At the moment, I feel duped and misinformed.”Pariseau was furious to learn from media coverage – which included TheWrap – disclosing that Boehly would be paying the 100 HFPA members $75,000 per year each for the next five years. The vote to sell to Boehly was overwhelming, 76-18, according to two people who participated. Neither the payments nor the vote tally was disclosed by Hoehne in her update to the publicists.
Michael Schneider Variety Editor at LargeEldridge Industries is taking over the Golden Globe Awards, which will be turned into a private entity separate from the Hollywood Foreign Press Association’s charitable and philanthropic programs, which will be managed as a non-profit entity.The HFPA membership voted to approve the transfer of ownership to Eldridge, which is run by Todd Boehly, who has served as the org’s interim CEO since last year. The HFPA put itself on the auction block in May, and Boehly had been looking to buy the organization since then.
reported exclusively of Boehly’s intention to make the Globes a for-profit organization, though the plan was denied at the time. Terms of the vote were not disclosed, but a source told TheWrap that 76 members voted yes and 18 members voted against of just more than 100 members of the HFPA.
Raheem Sterling is closing in on a move to Chelsea after agreeing personal terms with the West London club.
Chelsea are said to be in ‘advanced’ talks with Manchester City over a potential Stamford Bridge return for Nathan Ake.
Chelsea head coach Thomas Tuchel has already described Cristiano Ronaldo as one of the "greatest" to have ever played the game amid reports that he wants to leave Manchester United in this summer's transfer window.
The future of Cristiano Ronaldo is once again the source of speculation after he reportedly asked to leave Manchester United.
Cristiano Ronaldo’s future is once again dominating the headlines amid suggestions the Portuguese ace has asked to leave Manchester United.
Raheem Sterling could become a Chelsea player as soon as this week after new owner Todd Boehly contacted Manchester City to speed up a deal for the first statement signing of a new era at Stamford Bridge.
The majority of Manchester United fans were left on edge on Saturday night as The Athletic dropped the bombshell that Jorge Mendes had floated the idea of Chelsea signing Cristiano Ronaldo while having a meeting with new owner Todd Boehly. The London club can, of course, offer the Portuguese star Champions League football for the coming season.
Manchester United fans are all sharing the same theory amid reports suggesting Cristiano Ronaldo’s agent has discussed a move to Chelsea.
Chelsea owner Todd Boehly has been pictured at the LA Dodgers Charity Gala with his family, just a day after deeming English football 'undervalued'. The 48-year-old was snapped with his wife, Katie, and his three children at the sixth episode of the now-annual charity event, which was attended by several other celebrities including Venus Williams and Rachel Leigh Cook. The sell-out event was headlined by a performance from Jennifer Lopez, with net proceedings benefitting the LADF charity.
Naman Ramachandran A consortium led by Todd Boehly, chair and CEO of Eldridge, and Clearlake Capital Group, L.P. completed the £4.25 billion ($5.3 billion) acquisition of soccer team Chelsea Football Club on Monday. The consortium also includes Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Capital.
LIVE – Updated at 18:18Catch up with the action and the latest Formula One news from the Monaco Grand Prix after the opening day of practice at the iconic circuit in Monte Carlo. The sight of Formula One cars sweeping their way through the Monte Carlo streets is one of the finest in motorsport and it is set to be an important weekend in the title race as defending champion Max Verstappen looks to increase the pressure on Ferrari’s Charles Leclerc, who will be aiming to deliver glory at his home circuit.
potential acquisition of the Golden Globes. In the letter sent from Isaacs’ partner Yusef Jackson to HFPA president Helen Hoehne and exclusively obtained by TheWrap, the scandal-ridden organization was accused of creating a special committee to vet Pacific Coast Entertainment consisting of three advisers who have a “long-standing financial relationship” with current HFPA CEO Todd Boehly, who is making his own bid to acquire HFPA through his hedge fund, Eldridge Industries. “Ms.
Todd Boehly and the Clearlake Consortium have had their £4bn takeover of Chelsea approved by the Premier League.
Antonio Rudiger has spoken about his frustrations over Chelsea contract negotiations as he prepares to wave goodbye to Stamford Bridge.
TheWrap previously reported, the new bylaws would also open up Globes voting beyond the current 102 active members to a select group of “other individual non-members as the Board of Directors may invite to participate from time-to-time.” Interim HFPA CEO Todd Boehly has proposed inviting approximately 200 non-member voters to nearly triple the total pool to 300 — a step designed to gain the support of Netflix as well as other studios, streamers and networks. A rep for the HFPA did not comment on the bylaw amendments.
Michael Schneider Variety Editor at LargeReach Michael on Twitter @franklinavenue or email [email protected] Hollywood Foreign Press Association drama continues, as it announced last week that it would put itself on the auction block and courting buyers to potentially become a for-profit organization.The HFPA’s interim CEO, Todd Boehly, is negotiating with the HFPA board to buy the org. The HFPA has formed a special committee within the nonprofit organization “to determine potential outside strategic interest in its organization and assets.” The end game is “optimizing the value of the HFPA’s various assets and continue to enhance the organization’s position in the marketplace while strengthening its relationships with various stakeholders,” HFPA stated.Boehly’s Eldridge Industries owns MRC Live and Alternative (formerly Dick Clark Productions), which produces the Golden Globe Awards via a tenuous business relationship with the HFPA.“The HFPA is committed to a thorough and swift review of its potential strategic alternatives to identify a path forward that is in its best interests.
Sidley Austin, a law firm with offices in the U.S., Europe and Asia-Pacific, is going big on sports law. Our sister site Sportico has learned that Charles “Chuck” Baker and Irwin Raij, most recently co-chairs of O’Melveny & Myers’ sports industry group, are joining Sidley as co-chairs of its Entertainment, Sports and Media industry group. The move will bring expertise in ownership transactions, stadium construction, media rights and international deal making.Baker has negotiated on behalf of buyers and sellers of pro teams.
proposed partnership with former AMPAS President Cheryl Boone Isaacs and her Pacific Coast Entertainment to improve the “tarnished” image of the HFPA.The HFPA on Friday also announced that Boehly’s proposal and any alternatives would be reviewed by a special committee make up of producer Sharlette Hambrick, veteran nonprofit executive Jeff Harris and C-level communications marketing executive Joanna Massey — who were all named as independent members of the HFPA board last September. The three will work with financial and legal advisers from Houlihan Lokey to evaluate Boehly’s proposal as well as any others.
Eldridge Industries boss Todd Boehly may own the Premier League’s Chelsea now, but the Golden Globes continues to elude the HFPA interim CEO, for now.
Cynthia Littleton Business EditorThe Hollywood Foreign Press Association is putting itself on the auction block, courting buyers for the embattled organization that hands out the annual Golden Globe Awards.The HFPA’s interim CEO, Todd Boehly, has been angling to buy the organization and is in the process of negotiating with the HFPA board. As a result of Boehly’s bid from his Eldridge Industries banner, the organization opted to begin a process to determine what other interest may be out there.The HFPA on Friday announced that it has formed a special committee within the nonprofit organziation “to determine potential outside strategic interest in its organization and assets.”Boehly’s interest in HFPA comes in no small part because Eldridge Industries is also invested in the Golden Globe Awards through its ownership of MRC Live and Alternative (formerly Dick Clark Productions), which has had a long and occasionally fraught business partnership with the West Hollywood-based press association.
The future of Chelsea Soccer Club looks assured, with the London Club announcing its new owners today.
Naman Ramachandran A consortium led by Todd Boehly has struck a deal reportedly worth £4.25 billion ($5.24 billion) to acquire top English Premier League soccer club Chelsea FC, one of the highest price tags ever agreed for a sports club in history.Boehly owns holding company Eldridge, which owns MRC and Dick Clark Productions, producers of Hollywood’s popular Golden Globes Awards, and serves as interim CEO of the Hollywood Foreign Press Association, which operates the awards. He is also an owner of the Los Angeles Dodgers, the Los Angeles Lakers and the Los Angeles Sparks.The others in the consortium are Clearlake Capital, real estate magnate Jonathan Goldstein, Swiss billionaire Hansjörg Wyss and Mark Walter, CEO, Guggenhiem Partners, with whom he has stakes in the Dodgers and Lakers.
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