Todd Boehly Explained

Todd Boehly
Birth Date:20 September 1973
Office:Chairman of Chelsea Football Club
Term Start:20 June 2022
Predecessor:Bruce Buck
Office2:Co-owner of Chelsea Football Club
Term Start2:20 June 2022
Predecessor2:Roman Abramovich
Birth Place:United States

Todd Boehly (; born September 20, 1973) is an American businessman. He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company[1] headquartered in Greenwich, Connecticut.[2] He is also the interim CEO of the Hollywood Foreign Press Association[3] and co-controlling owner and chairman of football club Chelsea,[4] and co-owner of Ligue 1 football club Strasbourg under BlueCo.[5] As of, Bloomberg Billionaires Index estimates his net worth at US$7.2 billion.[6]

Early life and education

Boehly, whose grandparents emigrated from Germany, attended Landon School in Bethesda, Maryland, graduating in 1991.[7]

Boehly graduated in 1996 from the College of William & Mary with a Bachelor of Business Administration degree in finance.[8] After feeling overwhelmed with his college experience and not knowing exactly what he wanted to do, he visited his former geometry professor from Landon, Steve Sorkin, for advice.[9] [10] Boehly had an interest in finance and Sorkin advised him to move to London due to the potential opportunities to work in one of the largest global financial centers.[11]

Taking Sorkin's advice onboard, he moved to London on a special BUNAC visa and studied at the London School of Economics residing at Passfield Hall. Whilst at the London School of Economics, Boehly began working at Citibank and then at CS First Boston.[12]

Career

1996–2015: Early career, Guggenheim Partners

Boehly spent his early career at Credit Suisse First Boston and J.H. Whitney & Company.[13] [14] He joined Guggenheim Partners in 2001, where he launched the firm's credit investing business, assumed responsibility of its asset management business, and served as president.[15] [16]

In early 2013, Boehly led a deal between Time Warner Cable and the Los Angeles Dodgers of Major League Baseball to create SportsNet LA, a regional network to broadcast all Dodgers’ games and Dodgers-related programming. Broadcasting from the team-owned network began with the 2014 baseball season.[17] [18] [19] [20] [21]

2015–present: Founding Eldridge, investment career

In 2015, Boehly bought some of the assets he had collected at Guggenheim, including The Hollywood Reporter, Dick Clark Productions, and Security Benefit to found Eldridge, a private holding company which invests in various industries.[7] [22] In addition to Greenwich, Eldridge also has offices in New York, London and Beverly Hills.[23] In a 2023 interview with CNBC, Boehly discussed the company's focus on credit management and scaling businesses in response to market conditions in the United States.[24]

Boehly is on the boards of Cain International, Kennedy Wilson, PayActiv, Vivid Seats and CAIS.[25] [26] He was formerly on the board of Truebill.[27] Accelerant, which has received investment from Eldridge, was valued at $2.4 billion in 2023,[28] and expanded into Canada later that year with the acquisition of Omega Insurance.[29]

In October 2023, CAIS launched the SaaS platform CAIS Solutions.[30] Boehly spoke at the second annual CAIS Alternative Investment Summit, along with other business and media leaders.[31]

Boehly's firm Eldridge owns Security Benefit Life Insurance, and Zinnia (formerly SE2),[32] a technology platform for insurance companies. Security Benefit had a net income of $1.2 billion in 2023. Zinnia acquired insurance marketplace Policygenius in 2023,[33] and Ebix in 2024.[34] As CEO, chairman and co-founder of Eldridge, he invested in Clearcover Insurance, and DPL Financial Advisors, an RIA insurance network.[35] DPL reached over $1 billion in annuity sales in 2022, which doubled in 2023.[36]

He helped to found Cain International, a real estate firm co-owned by Eldridge, Kennedy Wilson, Langdon Park Capital,[37] [38] [39] and European real investment firm Blackbrook Capital.[40] In 2024, Eldridge Acre Partners was formed in partnership with AECOM.[41]

Boehly has invested in the digital technology industry, including companies such as Bilt Rewards,[42] CoreWeave,[43] Gopuff,[44] Stash,[45] Wealthsimple,[46] Dataminr, AI security company AnyVision, digital health platform Wellthy, Truebill, Quantum-Si and Tripledot Studios.[47] [48] [49] [50] [51] He acquired data technology company Seek (formerly Knoema) through Eldridge in 2020.[52]

Boehly has invested in the hospitality group Aurify Brands, which owns restaurant chains such as Le Pain Quotidien.[53] He also invested in Chuck E. Cheese,[54] and materials science company Recover.[55]

Boehly's Eldridge owns Stonebriar Commercial Finance, a large ticket commercial finance and leasing company,[56] and seeded Essential Properties Realty Trust.[57] Some of Eldridge's credit management operations were spun out in 2021 to create Panagram Structured Asset Management. Eldridge co-founded CBAM Partners, an SEC-registered investment advisor. It was sold to The Carlyle Group for $787 million in 2022.[58] In October 2022, Eldridge invested in Protein Evolution, Inc., a company which develops enzymes to break down plastic and textile materials for recycling.

Through Eldridge, Boehly backs the Allbright Alliance, which works to support the advancement of women in the workforce.[59]

Sports

Boehly owns 20% of the Los Angeles Dodgers and is also a part owner of the Los Angeles Sparks.[60] He is an owner of esports organization Cloud9.[61]

In 2019, Boehly made an attempt to buy the English football club Chelsea for $3 billion, but the owner at the time, Russian billionaire tycoon, Roman Abramovich, rejected the takeover bid.[62] In March 2022, alongside Mark Walter, Hansjörg Wyss and Clearlake Capital, he launched a bid to buy the club from Abramovich, who had announced an intention to sell it amid the Russian invasion of Ukraine. The consortium was later known as BlueCo. On May 6, 2022, Chelsea confirmed that the bid had been accepted and would be finalized by the end of the month.[63] [64] The bid was approved by the UK and Portuguese governments, Premier League and the European Union, because of Abramovich’s Portuguese citizenship.[65] [66] [67] [68] On May 30, the takeover of the club was completed.[69] Boehly was named chairman and interim sporting director of Chelsea on June 20, 2022, after Bruce Buck stepped down.[70] On January 9, 2023, Boehly stepped down as the interim sporting director of Chelsea.[71] [72] The Guardian noted that Boehly's ownership of Chelsea followed his usual approach of taking an active role in new business operations during their first year, and then stepping back once they were "in situ".[73] In May 2023, Boehly called the purchase of the team "a long-term project", commenting that "the fans are demanding, and they want to win. And we get that, we want to win".[74] In July 2023, it was announced that Chelsea had partnered with technology startup Tempus Ex Machina to integrate additional features into the Chelsea mobile app, including the ability to switch between camera positions while watching livestreams of Chelsea games, adjust the graphical interface and view game highlights.[75]

Boehly and Walter acquired a 27% stake in the Los Angeles Lakers from Philip Anschutz in July 2021.[76] [77] As of February 2021, the Lakers were third-highest valued team in the NBA, with an estimated value of $5.14 billion.[78]

On 22 June 2023, Boehly acquired a majority stake in French Ligue 1 club Strasbourg for a reported fee of £65M through BlueCo.[79]

Media and entertainment

Boehly is an investor in MRC.[80] [81] In September 2020, it was announced that Boehly's MRC and Penske Media Corporation were merging as part of a joint venture to manage their publications, including Billboard, Rolling Stone, The Hollywood Reporter, Variety and Music Business Worldwide.[82] MRC and Penske announced plans to manage content such as television series, films and live events through a second joint venture.[83] In 2021, the venture became the majority owner of South by Southwest.[84]

Eldridge and MRC reached an agreement to split their assets as separate entities in 2022.[85] As part of the agreement, Eldridge became a minority stakeholder in MRC, maintaining ownership of Dick Clark Productions from the company, and retained Boehly's investments in ventures such as A24, Fulwell 73 and Penske Media, including Billboard, The Hollywood Reporter, Luminate Data, Life Is Beautiful Music & Art Festival and South by Southwest.[86]

In 2023, Penske Media Eldridge, a joint venture between Eldridge and Penske, acquired Dick Clark Productions.[87] Dick Clark Productions partnered with Spotify to relaunch the Billboard Music Awards as a digital event in 2023.[88] That year, Dick Clark's New Year's Rockin' Eve, which is produced by Dick Clark Productions, was renewed with ABC through 2029.[89]

Boehly led a $3 million investment round for fan engagement platform Laylo in 2021,[90] followed by another investment in 2022.[91] In April 2022, Boehly led a $250 million investment round in Canadian influencer marketing and technology company, Viral Nation.[92]

Boehly is the largest investor in Larry Jackson's music company Gamma,[93] followed by A24 and Apple Inc..[94] Gamma acquired music distribution platform Vydia, and expanded into Africa and the Middle East, opening headquarters in Lagos and Dubai. Sipho Dlamini was named president of its operations in Africa and the Middle East, with Naomi Campbell named as a special advisor.[95] Gamma co-produced and released The Color Purple soundtrack album.[96] The company was valued at $400 million in February 2024, following a $100 million investment led by Alpha Wave Global.[97]

Golden Globes

In October 2021, he was named the interim CEO of the Hollywood Foreign Press Association.[98] In 2022, Eldridge acquired the HFPA, and announced plans to create a for-profit entity to manage the Golden Globe Awards' intellectual property, as well as a nonprofit entity to manage the HFPA's philanthropic efforts.[99]

In a December 2022 interview with the LA Times, Boehly discussed a series of reforms made at the HFPA earlier that year to improve diversity of membership, increase accountability and prevent conflicts of interest. Under these reforms, the organization's voting body was expanded to include 103 international non-member voters and began employing a chief diversity officer.[100] The voting body was expanded again in April 2023, with the addition of 215 international votes who brought the total number of voters to 310. The demographics of the expanded voting body was more diverse, with 58% identifying as ethnically diverse, 17% as LGBTQ+,[101] and more than 50% being female. The changes also provide paid salaries to members, and the implementation of bylaws to prevent them from accepting gifts in the course of their duties.[102]

The HFPA presented the 80th Golden Globe Awards on Tuesday, January 10, 2023, which was aired on NBC after a hiatus from television the previous year. The renewed awards show was positively received, with Michael Schulman of The New Yorker, calling it "delightful".[103] Marc Malkin of Variety described the event as "a celebrity-filled comeback."[104] Some publications also praised the efforts at promoting diversity at the Golden Globes, particularly the acknowledgement of diverse international artists.[105] Angela Bassett, who won Best Supporting Actress, said that she felt the organization had "made strides to do what they know needs to be done."[106] The awards show's return was considered a success, attracting 6.3 million viewers and making 24.2 social media impressions.[107]

In June 2023, the Attorney General of California approved Boehly's plan to dissolve the HFPA and convert it into a private commercial enterprise. Under this deal, the non-profit Golden Globe Foundation will also be formed to handle the philanthropic efforts of the former HFPA.[108]

The 81st Golden Globe Awards aired on CBS on January 7, 2024,[109] returning to its traditional time slot on the first Sunday of January.[110] The show introduced two new awards categories, "Stand-up Comedy" and "Cinematic and Box Office Achievement", and six nominees per category, increasing from the previous five nominees.[111] The broadcast was watched by over 9.4 million viewers, earning the show's highest ratings in years.[112]

Reception

Boehly was listed on Los Angeles Business Journals list of the 500 most influential people from 2017 to 2021.[15] [113] In 2022, he was included on the Forbes 400 list,[114] and the Bloomberg 50, a list of the most influential people in global business.[115] Boehly was featured on the cover of Forbes in 2024, as part of a feature on his investment, sports and entertainment empire.[116] He was also included in Los Angeles Times' 2024 "LA Influential" list.[117]

He was interviewed by Michael Milken at the 2023 Milken Institute Global Conference, where he discussed his ownership of Chelsea and the team’s plans for the next season.[118] He has also spoken at conferences such as Bloomberg Invest,[119]

Notes and References

  1. Web site: Eldridge Business Services LLC. July 4, 2020. Bloomberg.com.
  2. Web site: Todd Boehly. Bloomberg L.P.. September 3, 2018.
  3. Web site: Gardner. Chris. October 1, 2021. Todd Boehly Named Interim CEO of Hollywood Foreign Press Association. November 22, 2021. The Hollywood Reporter. en-US.
  4. Web site: Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club. Chelsea F.C.. May 30, 2022.
  5. Web site: 2023-06-22 . Official statement: BlueCo signs agreement to become the new shareholders of Racing Club de Strasbourg Alsace - Racing Club de Strasbourg Alsace . 2023-06-30 . en-US.
  6. Web site: Todd Boehly Is Building New Asset Manager Around Crown Jewel . Bloomberg.
  7. Web site: April 12, 2019. Former Guggenheim President Todd Boehly Is Growing His Investment Empire, From the Dodgers to Collateralized Loans. Barron's.
  8. News: Johnson . Jamie . 2022-06-24 . The real Todd Boehly: High-school wrestler turned ruthless winner who puts his money where his mouth is . en-GB . The Telegraph . 2023-10-19 . 0307-1235.
  9. Web site: 2021-06-03 . Influencers with Andy Serwer: Todd Boehly . 2023-10-19 . Yahoo News . en-US.
  10. News: Johnson . Jamie . 2022-06-24 . The real Todd Boehly: High-school wrestler turned ruthless winner who puts his money where his mouth is . en-GB . The Telegraph . 2023-10-19 . 0307-1235.
  11. News: Johnson . Jamie . 2022-06-24 . The real Todd Boehly: High-school wrestler turned ruthless winner who puts his money where his mouth is . en-GB . The Telegraph . 2023-10-19 . 0307-1235.
  12. Web site: Influencers with Andy Serwer: Todd Boehly. September 11, 2021. news.yahoo.com. June 3, 2021 . en-US.
  13. Web site: Todd Spangler. March 26, 2015. Guggenheim Partners Says President Todd Boehly Is Exploring Forming His Own Company. Variety.
  14. Web site: Dan Duray. June 24, 2013. Todd Boehly and Alexander Nemerov Join Guggenheim Foundation Board. Observer.
  15. Web site: August 14, 2017 . LA 500: Todd Boehly . Los Angeles Business Journal.
  16. Web site: Scott Austin. March 28, 2012. Who Are the New Dodgers Owners?. The Wall Street Journal.
  17. Web site: Finke. Nikki. November 25, 2012. EXCLUSIVE: Fox Closing In On Dodgers' TV Rights; 'We're Out' If Not Done By Nov. 30. October 1, 2020. Deadline. en-US.
  18. Web site: Shaikin. Bill. January 28, 2013. Dodgers officially announce deal with Time Warner Cable. October 1, 2020. Los Angeles Times. en-US.
  19. Web site: Wells. Adam. Dodgers Announce New TV Network SportsNet LA Starting in 2014 Season. October 1, 2020. Bleacher Report. en.
  20. Web site: Ozanian. Mike. Dodgers Exploring TV Deal With Dick Clark Productions. October 1, 2020. Forbes. en.
  21. Web site: Shaikin. Bill. November 27, 2016. After $1 billion in player spending, Dodgers under MLB mandate to cut debt. October 1, 2020. Los Angeles Times. en-US.
  22. News: September 9, 2019. From CLOs to 'Ozark,' Ex-Guggenheim President Builds an Empire. en. Bloomberg.com. April 28, 2021.
  23. Web site: September 4, 2018. Eldridge Industries LLC. Bloomberg L.P..
  24. Web site: Todd Boehly: The market has done the Fed's work for it . 2024-04-05 . CNBC . en.
  25. Web site: Kennedy-Wilson board member steps down. April 27, 2021. Spglobal.com. en-us.
  26. Web site: Kristy Westgard. June 21, 2018. 'Retail Apocalypse' Didn't Scare This Landlord Off an IPO. Bloomberg L.P..
  27. Web site: Front Office: Todd Boehly. mlb.com.
  28. News: 2023-06-22 . Accelerant raises $150 million . Bloomberg.com .
  29. Web site: Jimenez-Sanchez . Kassandra . 2023-10-18 . Accelerant expands to Canada with Omega Insurance acquisition - Reinsurance News . 2024-04-05 . ReinsuranceNews . en.
  30. Web site: 2023-10-24 . CAIS Launches New SaaS Platform for Advisors to Centralize and Streamline Alternative Investment Workflows . 2024-04-05 . Yahoo Finance . en-US.
  31. Web site: 2023-10-13 . CAIS Announces Final Speaker Lineup for Marquee Event Bringing Together Top Independent Advisors and Alternative Asset Managers . 2024-04-05 . Yahoo Finance . en-US.
  32. Web site: SE2 Rebrands as Zinnia Insurance Innovation Reporter . 2023-04-22 . iireporter.com.
  33. News: 2023-04-25 . Policygenius acquired by Eldridge's Zinnia . en . Reuters . 2023-10-31.
  34. Web site: KKR-backed Zinnia to acquire Ebix's life and annuity assets. PE Hub.
  35. Web site: Lauren K. Ohnesorge. July 23, 2018. Durham tech outfit raises $50M, seeks to disrupt construction industry. Triangle Business Journal.
  36. Web site: Randall . Steve . December 5, 2023 . DPL Financial Partners doubles annuity sales to $2B in little more than a year . Investment News.
  37. Web site: September 9, 2019. From CLOs to 'Ozark,' ex-Guggenheim president builds an empire. May 10, 2021. Financial Planning. en.
  38. Web site: October 18, 2019. Eldridge Industries makes $300M investment in Kennedy Wilson. May 10, 2021. The Real Deal Los Angeles. en-US.
  39. Web site: December 2, 2021. Langdon Park Capital Announces Strategic Investment from Eldridge. December 10, 2021. Bloomberg.com.
  40. Web site: New European property investment firm gets €1bn capital backing. May 14, 2021. Real Assets. en.
  41. Web site: Boehly’s Eldridge Acre Seeks to Bet $3 Billion on US Real Estate . 2024-07-27 . Bloomberg Law . en.
  42. Web site: $200M investment into Bilt Rewards. TechCrunch.
  43. Web site: CoreWeave Secures $7.5 Billion. Blackstone.
  44. Web site: Smythe. Laura. March 23, 2021. Philadelphia unicorn goPuff hits $8.9B valuation after new $1.1B fundraising round. May 10, 2021. Bizjournals.com.
  45. Web site: Rooney. Kate. February 3, 2021. Investing app Stash raises $125 million as it looks to add new customers — just not day traders. September 11, 2021. CNBC. en.
  46. Web site: Portag3 Ventures closes $320 million second fund focused on fintech investment. September 13, 2021. TechCrunch. en-US.
  47. Web site: Why is Microsoft looking to acquire Discord?. May 10, 2021. Fortune. en.
  48. Web site: July 7, 2021. AnyVision: Access Point AI-Based Physical Security. September 13, 2021. Pymnts.com. en-US.
  49. Web site: June 28, 2021. Wellthy Secures $35 Million in Series B Funding to Support Companies and Employees with Return to Work. September 13, 2021. TecHR. en-US.
  50. News: 2021-02-18 . Quantum-Si to go public. Reuters .
  51. Web site: April 8, 2021. Tripledot raises $78 million for London-based mobile game studio. May 10, 2021. VentureBeat. en-US.
  52. Web site: December 21, 2020. Knoema announces acquisition by Eldridge and partnership with Snowflake. May 10, 2021. VentureBeat. en-US.
  53. Web site: Ewen. Beth. Aurify Rescues Two Chains From Distress Amid Pandemic 'Disaster' in NYC. May 10, 2021. franchisetimes.com. March 29, 2021 . en.
  54. Web site: Boehly's Eldridge Finds Opportunities in Pandemic-Hit Companies. May 10, 2021. news.bloomberglaw.com. en.
  55. Web site: Recover Accelerates Growth With $100 Million Investment. 2023-05-31 . Yahoo Finance.
  56. Web site: Stonebriar Commercial Finance Closes $325MM Term Loan to Overseas Shipholding Group - News ABL Advisor . 2022-09-05 . Abladvisor.com.
  57. News: 2018-06-21 . 'Retail Apocalypse' Didn't Scare This Landlord Off an IPO . en . Bloomberg.com . 2022-09-05.
  58. News: 2022-03-30 . First Eagle to Buy Napier Park in Latest CLO Business Merger . en . Bloomberg.com . 2022-09-05.
  59. Web site: March 2023 . Abbie Dawson 7 . AllBright's Viviane Paxinos: 'There is no silver bullet to solving gender inequality at work… it's a leadership problem' . 2023-04-22 . www.peoplemanagement.co.uk . en.
  60. Web site: Melissa Rohlin. February 4, 2014. Fast-Food Roundup: Pizza Hut Museum…. Papa John's tests beer delivery... Restaurant survey reveals some surprises. Los Angeles Times.
  61. Web site: E-Sports Franchise Cloud9 Adds New Investors Including Dodgers' Boehly, Joe Montana. July 27, 2024. Sports Business Journal. en.
  62. Web site: Castro. Erwin. December 12, 2019. LA Dodgers Owner Todd Boehly Makes a Monstrous $3B Takeover Bid for Chelsea. August 25, 2020. Sportskeeda.com. en-us.
  63. Web site: Club statement Official Site Chelsea Football Club . 2022-05-07 . ChelseaFC.
  64. Web site: Roan . Dan. Chelsea: Premier League approves takeover deal from Todd Boehly consortium. . 24 May 2022 . 24 May 2022.
  65. Web site: UK Government Give Green Light for Chelsea Sale After Issuing New Licence for Takeover Sports Illustrated Chelsea FC News, Analysis and More . 2022-05-28 . Si.com.
  66. News: 2022-05-26 . Portugal gives sanctioned citizen Abramovich green light to sell Chelsea . en . Reuters . 2022-05-28.
  67. Web site: Pasztor . David . 2022-05-26 . EU Commission satisfied with guarantees for Chelsea sale proceeds . 2022-05-28 . We Ain't Got No History . en.
  68. Web site: Premier League statement . 2022-05-28 . Premierleague.com . en.
  69. Web site: Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club Official Site Chelsea Football Club . 2022-05-30 . ChelseaFC.
  70. News: 2022-06-22 . Todd Boehly appointed interim sporting director, Marina Granovskaia departure confirmed . en . The Athletic. 2022-07-29.
  71. News: Law . Matt . 2023-01-09 . Todd Boehly stands down as Chelsea's interim sporting director . en-GB . The Telegraph . 2023-01-09 . 0307-1235.
  72. Web site: Chelsea owner Todd Boehly steps back from interim sporting director role Goal.com . 2023-01-09 . Goal.com.
  73. News: Steinberg . Jacob . 2023-01-09 . Regrets, big bucks and a toy car: inside year one of the Boehly era at Chelsea. The Guardian .
  74. News: Todd Boehly Urges Patience from Chelsea Fans Amid Losing Streak.
  75. Web site: Feldman . Jacob . 2023-07-17 . Chelsea Kicks Off Custom TV Views via Ebersol Tech Venture . Sportico.com.
  76. Web site: Ellingson. Annlee. July 12, 2021. Dodgers co-owners take minority stake in Lakers. September 11, 2021. Bizjournals.com.
  77. Web site: Williams. Randall. July 9, 2021. Dodgers Owners Walter and Boehly Close on 27% Stake in the Lakers. September 11, 2021. Sportico.com. en-US.
  78. Web site: Soshnick. Scott. June 26, 2021. Dodgers Owners Boehly, Walter Buy Anschutz's Lakers Stake. September 11, 2021. Sportico.com. en-US.
  79. News: Chelsea owners buy majority stake in Strasbourg . en-GB . BBC Sport . 2023-06-30.
  80. Web site: Ryan Faughder. February 1, 2018. 'House of Cards' producer MRC merges with Dick Clark Productions and Hollywood Reporter publisher. Los Angeles Times.
  81. Web site: MRC Names Jenna Santoianni Head of TV as Elise Henderson Exits.
  82. Web site: Yoo. Noah. September 23, 2020. Rolling Stone, Billboard, Vibe, More to Operate Under New Joint Venture PMRC. April 27, 2021. Pitchfork. en-US.
  83. Penske Media, MRC Launch New Joint Venture to House Chart-Powering Data Firms. Billboard. en. May 14, 2021.
  84. Web site: 2020-09-23 . Billboard Parent Company MRC Teams With Penske Media for Publishing and Content Ventures . 2022-09-05 . Billboard.com . en-US.
  85. Web site: Earl . William . 2022-08-05 . MRC Chiefs Modi Wiczyk and Asif Satchu Part Ways With Eldridge, PMRC Joint Venture . 2022-11-14 . Variety . en-US.
  86. Web site: 2022-09-06 . Inside the Todd Boehly-MRC Breakup (Exclusive) . Thewrap.com . 2022-11-14 . en-US.
  87. Web site: Littleton . Cynthia . 2023-01-25 . Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion . 2023-04-22 . Variety.
  88. Web site: Petski . Denise . 2023-10-19 . Billboard Music Awards Teams With Spotify For Reimagined Digital Awards Show . 2024-04-03 . Deadline . en-US.
  89. Web site: Otterson . Joe . 2023-11-20 . ABC, Dick Clark Productions Renew Deal for ‘Dick Clark’s New Year’s Rockin’ Eve With Ryan Seacrest’ Into 2029 . 2024-04-03 . Variety . en-US.
  90. Web site: Laylo Raises $3 Million From Eldridge-Led Group Los Angeles Business Journal. September 11, 2021. Labusinessjournal.com. July 27, 2021 .
  91. Web site: 2022-10-12 . Eldridge and LVRN Management invest in Fan engagement startup Laylo, bringing total funds raised to over $8m . 2023-04-22 . Music Business Worldwide . en-US.
  92. News: 2022-04-12 . Todd Boehly's Eldridge Bets on Digital Media Firm Viral Nation . 2023-02-04 . Bloomberg.com . en.
  93. Web site: Boehly-Backed Home of Usher . 2024-04-01 . Bloomberg.
  94. Web site: Baysinger . Tim . 2023-03-08 . Todd Boehly, Apple and A24 back Larry Jackson's music startup . 2023-04-16 . Axios . en.
  95. Web site: 2023-05-03 . Larry Jackson's $1bn-backed gamma expands into Africa and the Middle East, led by Naomi Campbell and Sipho Dlamini . Music Business Worldwide.
  96. News: Culwell-Block . Logan . December 15, 2023 . The Color Purple Movie Musical Soundtrack Released December 15; Hear Fantasia's 'I'm Here' . Playbill.
  97. Web site: Boehly-Backed Home of Usher, Snoop’s Music Raises $100 Million . 2024-04-05 . news.bloomberglaw.com . en.
  98. Web site: Lang. Brent. October 1, 2021. Todd Boehly Named Interim CEO of Hollywood Foreign Press Association (EXCLUSIVE). November 22, 2021. Variety. en-US.
  99. Web site: D'Alessandro . Anthony . 2022-07-28 . HFPA Will Be Both A Private Company & Non-Profit . 2022-11-14 . Deadline . en-US.
  100. Web site: Wilkinson . Alissa . 2023-01-09 . The Golden Globes, Hollywood's most chaotic awards, have returned . 2023-01-13 . Vox . en.
  101. Web site: Rahman . Abid . 2023-04-10 . Golden Globes: HFPA Adds 215 New International Voters (Exclusive) . 2023-04-11 . The Hollywood Reporter . en-US.
  102. Web site: 2022-12-22 . 'It took a crisis in order to make changes,' says new Golden Globes owner . 2023-04-16 . Los Angeles Times . en-US.
  103. 2023-01-11 . The Golden Globes Find an Exit from Their Self-Made Mess . 2023-01-24 . The New Yorker . en-US.
  104. Web site: Malkin . Marc . 2022-12-30 . Golden Globes Poised for Big Comeback With Movie and TV Stars Attending (EXCLUSIVE) . 2023-01-24 . Variety.
  105. Web site: 2023-01-11 . Bollywood's "RRR" soundtrack triumphed over Taylor Swift, Rihanna, and Lady Gaga at the Golden Globes 2023 . 2023-01-24 . Quartz.
  106. 2023-01-11 . Golden Globes 2023: How the Show Addressed the Controversy . 2023-01-24 . Vanity Fair.
  107. Web site: Jones . Marcus . 2023-02-21 . The Golden Globes Announce 2024 Ceremony Will Be Back on First Sunday of the Year . 2023-04-22 . IndieWire.
  108. Web site: 2023-06-12 . The HFPA is no more: California OKs plan to make Golden Globes a for-profit enterprise . 2023-08-28 . Los Angeles Times . en-US.
  109. Web site: 2024-01-08 . Golden Globes ratings rebound to 9.4 million viewers, up from 2023 telecast . 2024-04-03 . AP News . en.
  110. Grein . Paul . 2023-02-21 . Here's the Date of the 2024 Golden Globe Awards . 2023-04-22 . Billboard.
  111. Web site: 2024-01-05 . How the Golden Globes became too big to fail . 2024-04-05 . Los Angeles Times . en-US.
  112. Web site: 2024-01-08 . Golden Globes ratings rebound to 9.4 million viewers, up from 2023 telecast . 2024-04-05 . AP News . en.
  113. Citations:
  114. Web site: Todd Boehly - Forbes . 2023-03-10 . Forbes . en.
  115. News: Bloomberg 50: The People and Ideas That Defined Global Business in 2022 . 2023-04-16 . Bloomberg.
  116. Web site: Ahuja . Maneet . Meet The Billionaire Bond Investor Behind Chelsea F.C., Springsteen’s Songbook And The LA Dodgers .
  117. Web site: L.A. Influential. LA Times.
  118. Web site: Global elite heads to Milken conference in California.
  119. Web site: Chelsea chairman Boehly. SBJ.

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