Golden Globes cancellation hurts Hollywood industry
Started last November 5, the unlimited strike writers has already caused air holes in the coffers of TV channels across the Atlantic. No longer having new episodes of series, they are forced to resort to rebroadcasts or other less promising programs. A situation that results in a drop in their advertising revenue.
NBC will pay for this on January 13th. The channel was to broadcast live the ceremony of Golden Globes. A broadcast of three hours usually followed by 20 million viewers in the United States and that brings him between $ 15 and $ 20 million each year in advertising revenue. The cancellation of the gala will force the channel to set up a live broadcast of one hour, which assumes a lower audience score and thus lower revenues.
The note will also be salty for the Hollywood Foreign Press Association, organizer of the Golden Globes. The association was to collect $ 5.8 million on the television rights of the event. A figure that should be significantly reduced. Not to mention the 1 to 2 million dollars already spent for the organization of the evening itself.
The cancellation of Golden Globes 2008 also scares the profession for the Oscars which should normally be held on February 24th. A cancellation of the star ceremony would generate $ 130 million in losses, according to the Los Angeles County Economic Development Corp. ABC, broadcaster, and the Academy of Motion Picture Arts and Sciences could then try to avoid this by negotiating directly with the syndicate of American writers.
The movies themselves will suffer the effects of this cancellation. The Gala Golden Globes Each year, the nominees and winners still in the spotlight are getting a renewed interest from the audience. A promotion they will not know this year.
