Even the Award Shows are Cost Cutting

 

Several of the 2025 Golden Globe winners

It's official. Helen Hoehne, President of the Golden Globes, give voting members the bad news last week - going forward, the Globes would not be paying the voting members their annual stipend of $75,000. 

The 50 voting members (who are all members of the Hollywood Foreign Press Association) would be paid a one-time severance of $102,500 and all other compensation would end. The 50 voting members are a subset of the 300 members that make up the Globe. 

Helen Hoehne, President of Golden Globes 

It should be noted that other major award groups, the Oscars, Emmys, and Grammys do not pay their voting members, as it is considered an honor to be selected as a member of each group.

As a not-for-profit entity in 2024 the Golden Globes had expenses of $5.2 million, principally in salary and employee benefits costs and recently inked a five-year broadcast contract with CBS. There viewership for the 2025 Awards was 9.3 million.

It appears that payment for little work or non-work will no longer to be tolerated throughout many industries, governments, and non-profits and that's a good thing.