HFPA Members Allege Fraud in Golden Globes Sale to Penske Media, Seek $150M
TL;DR Summary
Former Hollywood Foreign Press Association members filed a federal lawsuit accusing Penske Media Corp, Eldridge Industries and Todd Boehly of secretly plotting to devalue and acquire the Golden Globes through a boycott, claiming fraud and antitrust violations. The suit alleges Penske hid its involvement from the HFPA board to push the 2023 sale, used the Golden Globes Foundation to depress the price, and seeks at least $150 million in damages plus dissolution of the deal.
Topics:entertainment#business#eldridge-industries#golden-globes#hollywood-foreign-press-association#penske-media-corporation#todd-boehly
- Former Golden Globes owner files $150M lawsuit against Penske Media over alleged fraud during purchase Page Six
- Hollywood Foreign Press Association Sues Over Takeover of Golden Globes The New York Times
- Penske Media Sued by Hollywood Foreign Press Association Over Golden Globes Buy hollywoodreporter.com
- HFPA Sues Penske Over 'Fraudulent' Golden Globes Takeover, Shaking Up Awards Landscape TheWrap
- Golden Globes sale was a 'sham,' Hollywood Foreign Press alleges in $150-million suit against Penske, others Los Angeles Times
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