Hollywood Foreign Press Association to close after sell Golden Globes

The awards have been sold by the group that runs it, the Hollywood Foreign Press Association - ending years of controversy over bias among judges, the racial makeup of the awarding body, the and declining ratings.

The HFPA, which has 300 members, will now close.

The awards will continue, but will be managed by a private company, Dick Clark Productions, and Eldridge, a Connecticut-based holding company.

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