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The Nexus
BUSINESSJul 28 · 23:53 UTCAP NEWS

Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show

Members of the Hollywood Foreign Press Association (HFPA) sued Penske Media Corporation and Eldridge Industries, alleging fraud in the 2023 acquisition of the Golden Globe Awards. The lawsuit claims collusion to devalue the awards show and create a monopoly in entertainment industry markets.

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Hollywood Foreign Press AssociationorganizationPenske Media CorporationorganizationEldridge IndustriesorganizationJay PenskepersonTodd BoehlypersonGolden Globe AwardstopicCBSorganizationLos Angeles Timesorganization
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