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    Golden Globes telecast draws near record-low audience

    By SHOOTUpdated:No Comments1097 Views
    This image released by NBC shows host Jerrod Carmichael during his monologue at the 80th Annual Golden Globe Awards held at the Beverly Hilton Hotel on Tuesday, Jan. 10, 2023, in Beverly Hills, Calif. (Rich Polk/NBC via AP)

    By Jake Coyle, Film Writer

    NEW YORK (AP) --

    NBC's telecast for the 80th Golden Globes on Tuesday averaged a near-record low of 6.3 million viewers, according to Nielsen, the second-smallest audience for the annual ceremony and only slightly better than the viewership garnered by the Globes press conference held during the 2008 writers' strike.

    After a diversity and ethics scandal caused NBC to take the Globes off the air last year, the Hollywood Foreign Press Association's attempted comeback didn't gain back viewers and instead may have lost them. The 2021 edition, held bicoastally during the pandemic, was watched by 6.9 million. The pre-pandemic 2020 Globes drew an audience of 18.4 million.

    There were several differences in the broadcast this year. NBC moved the show from its traditional Sunday slot to Tuesday. That meant no competition from the NFL but also no football lead-in. The awards were also live streamed on Peacock for the first time. (Digital viewership wasn't released Wednesday.)

    Awards show ratings have steeply fallen in recent years. But Tuesday's Golden Globes, hosted by Jerrod Carmichael, was a pivotal moment for the embattled HFPA, which puts them on.

    After a 2021 report revealed the press association had no Black members, stars and studios boycotted the Globes. Last year's awards were unceremoniously held in a Beverly Hilton ballroom without any stars in attendance. Over the last year and a half, the HFPA has enacted reforms and revamped its membership to now number 96 people, including six Black voting members.

    In the interim, NBC reworked its contract with the Globes and was broadcasting this year's Globes on a one-year basis. The HFPA sold the Globes last year to Todd Boehly's Eldridge Industries, which is turning it from a nonprofit to a for-profit venture. The firm also owns Dick Clark Productions, which produces the Globes, and the award show's longtime home, the Beverly Hilton in Beverly Hills, California.

    Tuesday's Globes featured wins for Steven Spielberg's "The Fabelmans," the indie sci-fi hit "Everything Everywhere All at Once," the Irish dark comedy "The Banshees of Inisherin," the HBO series "White Lotus" and the public school sitcom "Abbott Elementary."

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    Tags:Golden GlobesNBCNielsen



    Online forum Reddit will join the influential and closely tracked S&P 500 index

    Friday, August 14, 2026
    Reddit Inc. logos are displayed on the New York Stock Exchange trading floor, prior to the company's IPO, Thursday, March. 21, 2024. (AP Photo/Yuki Iwamura, File)

    Reddit will join the S&P 500 next week, giving the wide-ranging online forum a boost in prestige and investments.

    Joining the S&P 500 is considered an achievement for a company because the index is a widely followed measure of the broader U.S. stock market's health. A company is selected for the index based on several criteria that demonstrate stability, including market size and consistent profitability.

    Reddit's stock surged nearly 14% around midday Friday.

    Aside from status, inclusion means more investments. The index tracks 500 of the biggest U.S. stocks, and trillions of dollars in investments benchmark themselves against it. Those investments include mutual funds and exchange-traded funds. Essentially, those funds will have to buy the stock once it becomes part of the index that the fund is tracking or mimicking.

    Investors are depending more than ever on funds that simply mimic indexes such as the S&P 500. It's a lower-cost way to invest, allowing savers to keep more of their investments. Partly because of that, such index funds have usually proven to be better performers than funds that try to pick and choose individual stocks.

    Reddit will join the benchmark index as of Tuesday. A stock must trade publicly for at least 12 months to join the S&P 500. The operator of the index, S&P Dow Jones Indices, stuck to that guideline recently when it declined to fast-track SpaceX into the index after the space exploration company's massive initial public offering in June.

    Reddit's inclusion comes weeks after it posted strong financial results for the second quarter. That included its highest-ever quarterly revenue. The company has been posting profits almost every quarter since it went public in... Read More

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