The Hollywood Foreign Press Association voted last week to approve an overhaul proposal but the group’s pledges of transformation have done little to reassure entertainment companies.

NEW YORK, NEW YORK – FEBRUARY 27: A view of the Golden Globe Trophy on display during the 78th Annual Golden Globe® Awards aired on February 28th, 2021 at The Rainbow Room on February 27, 2021 in New York City. (Photo by Kevin Mazur/Getty Images for Hollywood Foreign Press Association)