Kasowitz LLP Sues Jay Penske, PMC on Behalf of HFPA Over Golden Globe Acquisition, Market Monopolization

Kasowitz LLP has filed a federal lawsuit in the United States District Court for the Central District of California on behalf of the Hollywood Foreign Press Association (HFPA). The suit names Jay Penske, Penske Media Corporation (PMC), the Golden Globe Foundation, and Gregory Goeckner as defendants, alleging they improperly acquired the Golden Globe Awards and engaged in monopolistic practices within Hollywood's entertainment markets.

The complaint asserts that the defendants have built and maintained a monopoly that has injured the HFPA and its members. The lawsuit claims this conduct violates U.S. antitrust laws. The HFPA is seeking damages for harm sustained as a result of these alleged actions.

The Hollywood Foreign Press Association is known for its role in presenting the Golden Globe Awards. Jay Penske and Penske Media Corporation are prominent figures in the Hollywood media and entertainment landscape. This legal action could have significant implications for the future of the Golden Globe Awards and the competitive dynamics of the Hollywood market.