The very illustrious and sensational Golden Globes after-party that Netflix and The Weinstein Company (TWC) co-host every year will now be discontinued.
The partnership between the two companies has flipped in a major way in the wake of a series of sexual abuse allegations against Harvey Weinstein, who was fired from The Weinstein Company's board in October.
Thus, the financial position of TWC does not permit it to continue the partnership with Netflix on the night of the 75th Golden Globes on January 7, 2018.
Netflix has showed no interest in partnering with any other company to bring back the event.
A Netflix spokesperson said, "We have no plans to partner with other studios for upcoming events", the Hollywood Reporter stated.
The two industry giants organised a black-tie bash for big names from film, television and media, in a tent adjacent to the Beverly Hilton, where the Globes ceremony takes place, every year in January.
This ritual had been in practice since 2014.
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