The Golden Globes: Why Are We So Obsessed?

An interesting article was posted yesterday on regarding the Golden Globes and it’s credibility.  According to the author, members of the American media don’t think very highly of the Globes OR Hollywood Foreign Press Association, who are responsible for the show’s nominee selection and voting.  So, why cover it?  On Wednesday we were inundated with Golden Globe coverage and this year’s nominees (which were a reflection of the year in film: Blah).  I found the point below an interesting one:

“So why do we lavish so much attention on the Globes? The honest answer is that we are largely following Hollywood’s lead. The movie studios campaign hard for Globes victories, running tons of Globes-centric trade ads and making all of their stars available for post-nomination interviews as well as other events leading up to the awards ceremony. It is a firmly held industry belief that a strong Globes showing can help influence Oscar voters, even though the Globes’ track record as an Oscar barometer is scattershot at best. For a number of years, their nominations portended Oscar triumph, but since The Lord of the Rings: Return of the King’s win in 2005, only one Globes best picture winner (Slumdog Millionaire) went on to win the top prize at the Oscars.”

I’m on the fence about what to think.  While it seems that the HFPA isn’t as respected as we may assume (some of the nominations were downright strange-like Burlesque and The Tourist for Best Motion Picture-Comedy Or Musical), it’s hard to tell who is right in this situation.  Are we to blame for giving it too much coverage or is the event losing credibility?