The Hollywood Foreign Press Association said it is a "step forward to transform ourselves and adapt to this increasingly competitive economic landscape for both award shows and the journalism marketplace."
Dramas "The Power of the Dog" and "Belfast" lead nominations with seven nods each, and winners will be announced online on Sunday.
The Hollywood Foreign Press Association, which organises the annual Golden Globes, says it will present the awards in January despite the NBC television network deciding in May to no longer air the show.
The membership of the Hollywood Foreign Press Association approved widespread changes designed to diversify its ranks and address ethics complaints.
The huge decline in ratings is enough for television executives to worry about whether this is just pandemic-related or if they can no longer depend on these traditional attention-getting events.
"Mank" earns six Globes nods, followed by fellow Netflix movie "The Trial of the Chicago 7" on five, leading this year's unique awards season. And for the first time, three women have been nominated for the Best Director category in the same year.
The group that is known for the Golden Globe Awards distributed more than $5.1 million in funds to over 70 nonprofit organisations during the “HFPA Philanthropy: Empowering the Next Generation” virtual event.
“He was deeply committed to the movie industry’s power to heal the world and shine a spotlight on injustice,” the Hollywood Foreign Press Association says.
An antitrust lawsuit filed against the Hollywood Foreign Press Association says the organisation illegally monopolises entertainment reporting in Los Angeles while creating near-impossible barriers on entry for new members.
The delays have been prompted by concerns that a field consisting only of films released in 2020 would not be as broad or competitive as in previous years.
Stars will don couture gowns and extravagant jewels before they hit the red carpet at the luxury Beverly Hills hotel where the calendar's second-most important - but rowdiest -prize-giving gala takes place.
Netflix secured a whopping 17 film nominations, trouncing the competition from Hollywood studios among whom Sony finished second with just eight.
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