The group behind the Golden Globes needs a shakeup | Editorial
The association, a nonprofit, earns much of its revenue from selling the broadcast rights to its awards show; its deal with NBC (a corporate sibling of Universal Studios) earned the HFPA $27 million last fiscal year. The money has funded tens of millions of dollars in philanthropic grants over the years to, among others, programs and educational institutions that help train and develop filmmakers, writers, designers and journalists. In 2020, the grants totaled about $5 million.
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