Netflix and WarnerMedia Studios have also cut ties with the organisation.
NBC has said it won't air the 2022 Golden Globes due to a lack of diversity within the Hollywood Foreign Press Association (HFPA).
The network added that it is hopeful that it will "be in a position to air the show in January 2023", providing the organisation successfully executes a "meaningful reform" plan before then.
NBC is the latest company to cut ties with the press group, which has been
accused of self-dealing, corruption and conflicts of interest, according to the LA Times.
"We continue to believe that the HFPA is committed to meaningful reform," NBC said in a statement on Monday.
"However, change of this magnitude takes time and work, and we feel strongly that the HFPA needs time to do it right. As such, NBC will not air the 2022 Golden Globes.
"Assuming the organisation executes on its plan, we are hopeful we will be in a position to air the show in January 2023."
The 86-member organisation voted last week for a massive overhaul proposal, which includes finding a new CEO, a hotline to report misconduct and a Chief Diversity, Equity & Inclusion Officer.
The HFPA is also set to begin searching for new members as the organisation currently includes no black people.
Netflix co-CEO Ted Sarandos recently announced the streaming company is cutting ties with the Golden Globes.
