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Golden Globes No Golden Goose This Year

On Sunday night, the Golden Globes become the biggest, high-profile casualty of the ongoing Hollywood writers' strike. The glitzy red carpet awards show, planned for Sunday primetime on NBC, is now reduced to a televised news conference with no hoopla.

The cost to Los Angeles' economy in lost business from the cancelled ceremonies and after-parties is estimated at $80 million.

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