Inside the HFPA’s Heated Golden Globes Sale – What Will Hollywood Do Now? | Analysis

Tense debate preceded the decision to shed the group’s non-profit status, but the awards’ future is far from certain

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Sharon Waxman

Sharon Waxman On the Business of Entertainment

The founder and editor of TheWrap’s take on life on the left coast, high culture, low culture and the business of entertainment and media. Waxman writes frequently on the inside doings of Hollywood, and is is also the author of two books, Rebels on the Back Lot and Loot

Now that Golden Globe voters have elected to sell the Hollywood Foreign Press Association to their billionaire interim CEO Todd Boehly in exchange for annual salaries, Hollywood has to decide: does the industry want the awards to come back as before?

The weeks leading up to last week’s vote to sell to Boehly’s Eldridge Industries — a move that will shed the awards show’s non-profit status — were rife with tension and shouting matches among members, even though the vote was overwhelmingly in favor, 76-18.