Striking writers stop Golden Globes gala
p2pnet news | Advertising:- Striking Hollywood writers have effectively spiked this year’s normally lucrative Golden Globe movie and TV awards, usually festively handed out during a gala dinner.
"With the threat of picket lines and celebrity no-shows looming, NBC yesterday scrapped its annual awards gala and elected instead to announce this year’s Golden Globe winners at a one-hour press conference Sunday," says the New York Post.
Not only but also, "Cancellation of the kudocast due to the strike could cost the local economy upwards of $80 million, according to the Los Angeles County Economic Development Corp. (Same org values the Academy Awards at around $130 million)," says Variety, going on:
"And there will be losses that are impossible to calculate: The film studios and networks use the event to publicize their kudos contenders."
Oh! The Horror!
Hardest hit will be NBC, "which usually pulls an estimated $15 million-$20 million in ad revenues from the three-hour live broadcast, which courts mostly women 18-49," says the story, addingh:
"Instead, advertisers will pay a reduced rate to air spots during the NBC News-covered event that seems likely to generate lower ratings."
Adds the New York Post:
"All of the contracts for advertising time on NBC Sunday from 8-11 p.m. will be abrogated, as though the telecast never existed. All contracts have a force-majeure clause — the so-called act-of-God clause — that lets NBC off the hook because the cancellation couldn’t be "reasonable anticipated or controlled" by NBC, one veteran media buyer said.
"Advertisers will try to improvise and spend that money on other broadcast networks and on various cable nets during the weekend. But if there’s a strong competitive show, such as Fox’s preem of "Terminator: The Sarah Connor Chronicles" at 8 p.m. Sunday, it’s probably already sold out because of high demand."
The Golden Globes are awarded based on votes from around 86 mostly part-time journalists living in Hollywood and affiliated with media outside of the United States, says the Wikipedia.
The Associated Press has Patric M. Verrone, president of the Writers Guild of America West, saying union leaders haven’t decided if they’ll picket outside the Golden Globes since they’re, "unclear about what form the awards announcement would take".
"I would say an awards show in news conference clothing would still be picketed, but I just don’t know if it’s been definitively decided," Verrone states.
Also see:
New York Post - Writers strike scuttles Golden globes show, January 7, 2008
Variety - Golden Globes ruin has ripples, January 7, 2008
Associated Press - Globes try to save show with new format, January 8, 2008
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January 8th, 2008 at 7:45 am
Tant mieux!
January 9th, 2008 at 9:59 am
OMG, the “fashion designers” that sell all those gawd-awful fugly million dollar gowns to all the starlets without a clue might actually go BROKE!!!
Yeah…..or not! Honestly, does anyone CARE about missing another “we didn’t win an Oscar, so we’ve invented another award show to make ourselves feel better about our miserable Hollywood existance” award show???