This year's awards , which will now be replaced with a press conference on January 13, has been dropped after actors agreed to boycott the event and force the event's sponsors to withdraw.
The cancellation of the 65-year-old ceremony, which last year lauded Forest Whitaker for his performance in 'The Last King of Scotland' and Helen Mirren for 'The Queen', could impact on the Oscars next month if the ongoing strike cannot be resolved in time.
The decision means the ceremony's broadcaster NBC will lose out on a reported $5m in broadcast rights to the event. Meanwhile, next month's Academy Awards next are also under threat after the WGA refused to grant waivers for its members to work at either the Oscars or its event.
The WGA, which is in dispute with the Alliance of Motion Picture and Television Producers over its demand for a greater share of revenues for work repurposed for DVD, mobile and downloadable content, said it planned to picket the Golden Globes press conference next week.
The likelihood the ceremony taking place had been in doubt since many actors, including George Clooney, said they would not attend any planned event while the strike continued.
Jorge Camara, president of the Hollywood Foreign Press Association, said: "We are all very disappointed that our traditional awards ceremony will not take place this year and that millions of viewers worldwide will be deprived of seeing many of their favourite stars celebrating 2007's outstanding achievements in motions pictures and television."
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