Pacific Coast Entertainment, a group led by former Motion Picture Academy President Cheryl Boone Isaacs, this week made a multimillion-dollar bid to buy the Golden Globes.
The offer includes paying Hollywood Foreign Press Assn. members an annual salary of $120,000, guaranteed for five years, along with a one-time $100,000 “Pandemic Relief Grant” and establishing a $5-million-a-year endowment, according to a term sheet reviewed by The Times.
“The HFPA and its financial advisors have laid out a process to review proposals from any interested parties,” HFPA spokesman James Lee said. Under terms laid out in Pacific Coast Entertainment’s term sheet, the firm would contribute 20% of its HFPA-related revenue to support the association’s ongoing operations including, “the development of its web and social media presence, research support for Members, professional development, marketing/communications support, management of its foundation, and other activities of the Association.”
However, the compensation plan is likely to raise further questions about the HFPA, already under scrutiny for a variety of apparent conflicts of interest. The remuneration of members as outlined in the deal will essentially make them employees of the HFPA and, therefore, paid Golden Globes voters.the nonprofit association paid its members nearly $2 million for serving on committees and performing other tasks.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Awards HQ May 16: ‘RuPaul’s Drag Race All Stars,’ Norm Macdonald Special, Should the Golden Globes Return?Greetings from Variety Awards Headquarters! Today is May 16, 2022, which means it’s now 31 days until Emmy nominations-round voting begins on June 16 and 42 days until Emmy nomination round v…
Les mer »
Dallas Mavericks vs. Golden State Warriors picks: Who wins Western Conference Finals?The No. 4 seed Dallas Mavericks and No. 3 seed Golden State Warriors face off in the Western Conference Finals of the 2022 NBA Playoffs.
Les mer »
Golden arches to go dark in Russia as McDonald's exits after 30 yearsMcDonald’s Corp has become one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants following the invasion of Ukraine.
Les mer »
State Route 68 paving project west of Golden Valley postponed | ADOT
Les mer »
Golden Valley, Calabasas girls’ crowned CIF champions at track and field finalsSee which local athletes crowned themselves CIF champions Saturday at Moorpark High.
Les mer »
Zaza Pachulia: 'Game 6 Klay' returns to Golden State Warriors playoff arsenalTwo-time NBA champion Zaza Pachulia had a good feeling about last Friday's playoff game between the Golden State Warriors and Memphis Grizzlies.
Les mer »