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Money Rehab with Nicole Lapin

And the Loser Is... the Golden Globes

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 4 January 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

The Golden Globes are this Sunday, and out of all the picks for the best dramas of the year, the biggest drama might actually be… the Golden Globes themselves. Today, Nicole unpacks why the Golden Globes were almost canceled in every sense of the word, and the gigantic money trail behind the operation. Plus, Nicole spills the tea on how much actresses spend for glam and it is... insanity.

Transcript

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0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:06.3

It's time for some money rehab. Well the Golden Globes are this Sunday and out of all the picks for Best Drama of

0:20.0

the Year the biggest drama might actually be the Golden Globes themselves.

0:24.0

In recent years, with streaming and social media

0:27.0

coming into the mix, the traditional award show format

0:30.0

is looking a little stale and boring.

0:31.0

Last year, the Golden Globes flopped.

0:34.2

It was a Tuesday, after all,

0:36.3

which is low-key embarrassing for any awards show

0:39.1

that's competing with the Oscars.

0:40.6

But just like it takes 10 years to be an overnight success, the Golden Globes wasn't an overnight

0:46.4

dumpster fire.

0:47.4

So I'm going to unpack how the Golden Globes got here, why it was almost cancelled, and the big transformation that might just save the future of the

0:56.0

show.

0:57.0

But even though the Golden Globes has been a bit of a mess, it's still a gigantic money machine.

1:02.1

Not necessarily a money-making machine, but the amount of money

1:05.5

exchanged by actors, chefs, drivers, security, producers, jewelers, tailors, is staggering. So I'm also going to give you a picture of the Golden Globes by the

1:15.3

numbers. But let's start with the drama and why the Golden Globes were almost

1:19.2

canceled in every sense of the word. Now let's be honest, the Golden Globes have always kind of been the ugly duckling of the

1:25.7

awards season. The Golden Globes celebrate excellence in TV and film, but still don't carry as much notoriety

1:32.2

as the Oscars or the Emmys.

1:34.0

I mean the G and Egot stands for Grammy after all, not Golden Globes.

...

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