Harvey Weinstein film company sold

After months of searching for a takeover partner, the company of film producer Harvey Weinstein was sold. Texan investment firm Latern Capital paid Monday $ 289 million (246 million euros) to The Weinstein Company. The acquisition was approved last week by a Delaware court. The movie studio went bankrupt in March after he was not able to find a resume partner.

The founders and the brothers Harvey and Bob Weinstein – they own 42% of the shares – do not see much of this money. The product is mainly used for the payment of lawyers, bankruptcy experts and creditors. Part of the money is also reserved for the payment of victims of transgressive sexual behavior, writes the American magazine Variety .

See also: Everybody Whispered About Weinstein, No One Speaks

Dominant Position

The Weinstein Company was founded in 2005 and has had great success with films like Inglourious Bastards Django Unchained The King's Speech and Silver Linings Playbook . Hollywood producer Harvey Weinstein abused his power over the years by intimidating and assaulting dozens of women. He was charged with rape and sexual assault of three women. Many female actors did not dare to report for fear of continuing their career; Weinstein paid them the money for silence.

After unveiling publications in The New York Times and The New Yorker the curtain fell for Weinstein. He was fired by his company. In addition, the state of New York sued the studio because it "has not protected its employees against sexual harassment and discrimination"

See also: L & # 39; Actress Rose McGowan is Weinstein's worst nightmare

The Texan investment company has become the owner of a library of 277 films, the television series Project Runaway and there remains two unreleased films on the stage. It concerns The Upside with actor Kevin Hart and The Current War with Benedict Cumberbatch.