NBC has officially cancelled the Golden Globes and in its place instead will be an NBC Newscast showcasing the Associated Foreign Press and detailing who the winners are.

From the Press Release:

The Hollywood Foreign Press Association today announced that the recipients of Golden Globe Awards in 25 categories will be revealed during an hour-long HFPA press conference at The Beverly Hilton to be covered live by NBC News beginning at 6:00 pm PST on January 13. “The 65th Annual Golden Globe Awards” NBC telecast and champagne dinner in The Beverly Hilton’s International Ballroom is officially cancelled.

“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 favorite stars celebrating 2007’s outstanding achievements in motion pictures and television,” said Jorge Camara, President of The Hollywood Foreign Press Association. “We take some comfort, however, in knowing that this year’s Golden Globe Award recipients will be announced on the date originally scheduled.”

You can probably expect something similar to this for the Oscars this year as well. The WGA is using these awards shows to make examples of what they can do as a unified group.