A long-running legal battle over the Golden Globe Awards has been settled. The Hollywood Reporter’s Hollywood, Esq., reports that the Hollywood Foreign Press Association and Dick Clark Productions settled their dispute over the rights to produce the awards show.
The sides reached an agreement ending almost four years of litigation, the story notes.
“As a result of the deal, which was confirmed by the HFPA and DCP on Monday after THR first reported the settlement, the awards show remains on NBC through at least 2018, with DCP as producer,” the story says.
The contract with NBC, which includes the next four broadcasts of the Golden Globes, reportedly is unchanged, with NBC paying an average of $21.5 million for each show, the article adds. Financial details of the settlement weren’t disclosed.
HFPA President Theo Kingma said the organization had made it a priority to reach a settlement, with talks heating up about a year ago.
"We are all very, very happy," said Kingma. "We're looking forward to making the Golden Globes even bigger and better than before."