dick clark productions and Hollywood Foreign Press Association Resolve Litigation

LOS ANGELES, July 14, 2014 /PRNewswire/ -- dick clark productions (dcp) and the Hollywood Foreign Press Association (HFPA) today announced that they have resolved the litigation between dick clark productions, Red Zone Capital, and the HFPA involving the production of the annual Golden Globes Awards show.

"We regret that the relationship between dick clark productions and the HFPA deteriorated to the point that litigation ensued, but our focus now is on the future," said Peter Guber, chairman and Allen Shapiro, CEO of dcp.

"We look forward to working together to continue to maximize opportunities for the Golden Globes and expand the brand with unique and exciting entertainment experiences," a spokesman for HFPA and dcp said.

"We also look forward to a successful and amicable relationship, ensuring that the Golden Globe Awards will remain Hollywood's celebration of the year," said HFPA President Theo Kingma.

ABOUT DICK CLARK PRODUCTIONS
dick clark productions (dcp) is among the world's largest producers and proprietors of televised live event programming. dcp produces perennial hits such as the "American Music Awards," "Golden Globe Awards," "Academy of Country Music Awards," "Billboard Music Awards," and "Dick Clark's New Year's Rockin' Eve with Ryan Seacrest." Weekly television programming, includes "So You Think You Can Dance" from 19 Entertainment, a division of CORE Media Group, and dick clark productions; and "Rising Star" from Keshet DCP, the joint venture between Keshet International (KI), the global distribution and production arm of Keshet Media Group, and DC Media, the parent company of dick clark productions (dcp).  In 2014, dcp will debut the "American Country Countdown Awards" (FOX), "Boom!" (FOX) and "The PEOPLE MAGAZINE Awards" (NBC). Dcp also owns one of the world's most unique and extensive entertainment archive libraries with more than 55 years of dcp's award-winning shows, historic programs, specials, performances, and legendary programming. For additional information, visit www.dickclark.com.

ABOUT HOLLYWOOD FOREIGN PRESS ASSOCIATION
Founded in the 1940s during World War II, the HFPA was originally comprised of a handful of LA based overseas journalists who sought to bridge the international community with Hollywood, and to provide distraction from the hardships of war through film. Seventy years later, members of the HFPA represent 55 countries with a combined readership of 250 million in some of the world's most respected publications.  Each year, the organization holds the third most watched awards show on television, the Golden Globe Awards, which have enabled the organization to donate more than $18 million to entertainment related charities and scholarship programs. For more information, please visit www.hfpa.org and www.goldenglobes.com. 

SOURCE dick clark productions; Hollywood Foreign Press Association