Explained: Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show

Members of the Hollywood Foreign Press Association sued Penske Media Corporation and others, alleging fraud to acquire the Golden Globe Awards.

HFPA

Hollywood Foreign Press Association, the group that founded and for decades owned the Golden Globe Awards.

Eldridge Industries

A holding company led by Todd Boehly, alleged to have colluded with Penske Media in the acquisition of the Globes.

Golden Globe Foundation

A nonprofit established as the successor to the HFPA's philanthropic arm, alleged to have been used to drive down the acquisition price.

Globes LLC

The for-profit entity established by Penske and Boehly that now controls the Golden Globes.

Antitrust laws

State and federal laws against unfair competition and monopolistic control, cited in the lawsuit's claims.