A group of investors led by Maria Contreras-Sweet, the former head of the U.S. Small Business Administration, is in a strong position to buy the Weinstein Company, according to insiders.
The indie studio is on life support in the wake of a massive sexual harassment and assault scandal involving its founder, Harvey Weinstein. He has been accused of sexual misconduct by dozens of women, with allegations going back decades. Weinstein denies the claims and says all sexual contact was consensual.
Contreras-Sweet lacks entertainment industry experience, but she intends to keep much of the Weinstein Company’s staff employed to run the studio. Bob Weinstein, Harvey Weinstein’s brother, would leave the studio if Contreras-Sweet is successful. The bid would likely include a possible $30 million cash infusion and the assumption of hundreds of millions of dollars in debt.
Other bidders include Killer Content, the producer of “Carol” and “Still Alice”; Lionsgate, the studio...
The indie studio is on life support in the wake of a massive sexual harassment and assault scandal involving its founder, Harvey Weinstein. He has been accused of sexual misconduct by dozens of women, with allegations going back decades. Weinstein denies the claims and says all sexual contact was consensual.
Contreras-Sweet lacks entertainment industry experience, but she intends to keep much of the Weinstein Company’s staff employed to run the studio. Bob Weinstein, Harvey Weinstein’s brother, would leave the studio if Contreras-Sweet is successful. The bid would likely include a possible $30 million cash infusion and the assumption of hundreds of millions of dollars in debt.
Other bidders include Killer Content, the producer of “Carol” and “Still Alice”; Lionsgate, the studio...
- 1/7/2018
- by Brent Lang and Cynthia Littleton
- Variety - Film News
Similar News
Judge Accuses Trump Of ‘Intimidating’ A Juror After Former President Mutters At Him In Court
- 4/17/2024
- by Alessio Atria
- Uinterview
Victoria Justice: Height, Shoe Size, Style Insights and Fascinating Facts
- 4/17/2024
- by Anne De Guia
- Your Next Shoes
Jeezy and Common Talk Rap’s Political Evolution in ‘Hip-Hop and the White House’ Trailer
- 4/16/2024
- by Jon Blistein
- Rollingstone.com
The Acolyte Will Include A Lightsaber Battle That Could Top Star Wars' Best Fights
- 4/17/2024
- by Valerie Ettenhofer
- Slash Film
Lionsgate, Starz Get SEC Approval to Split and Form Two Public Companies
- 4/17/2024
- by David Satin
- The Streamable
Liam Hemsworth Replaced Actors in 2 Starring Roles, Including 1 of His Most Popular Projects
- 4/14/2024
- by Just Jared
- Just Jared
Tony Soprano Is Alive and in Witness Protection Thanks to LeBron James
- 4/17/2024
- by Alec Bojalad
- Den of Geek
Courtney Love rips holes in Taylor Swift, Madonna, more
- 4/17/2024
- by Mathew Plale
- JoBlo.com
James Gandolfini Reprises Tony Soprano Role in Newly Found Footage
- 4/16/2024
- by James Hibberd
- The Hollywood Reporter - Movie News
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Sundance Film Festival Courting New Host City for 2027 and Beyond
- 4/17/2024
- by Matt Donnelly
- Variety - Film News
Tribeca Festival Reveals 2024 Feature Film Lineup Including New Movies With Lily Gladstone, Jenna Ortega and Michael Cera
- 4/17/2024
- by Jack Dunn
- Variety - Film News
Netflix LGBTQ Comedy Doc ‘Outstanding,’ Featuring Rosie O’Donnell, Billy Eichner and Wanda Sykes, Unveils Trailer, Premiere Date (Exclusive)
- 4/17/2024
- by Selena Kuznikov
- Variety - Film News
Studio Ghibli to Receive Honorary Cannes Palme d’Or
- 4/17/2024
- by Scott Roxborough
- The Hollywood Reporter - Movie News
‘For All Mankind’ Renewed for Season 5, Soviet Space Program Spinoff in the Works at Apple TV+
- 4/17/2024
- by Joe Otterson
- Variety - TV News
Rachel Zegler, Kit Connor to Star on Broadway in ‘Romeo and Juliet’
- 4/16/2024
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Selena Quintanilla Deserves to Be Celebrated This Year - Not Exploited
- 4/16/2024
- by Lucas Villa
- Popsugar.com
Bad Bunny's First NYC Show From His Most Wanted Tour Is Proof His Latine Fans Still Come First
- 4/12/2024
- by Johanna Ferreira
- Popsugar.com
Olivia Rodrigo's "Guts" Tour Made Me Feel Like a Teen Again
- 4/8/2024
- by Yerin Kim
- Popsugar.com
Jennifer Lopez's Viral "the Bronx" Controversy Proves Younger Latines Don't Find Her Authentic
- 4/3/2024
- by Miguel Machado
- Popsugar.com
‘Quiet on Set’ Survivors Say Docuseries Was Made Under False Pretenses: ‘How Dare You’
- 4/18/2024
- by Alison Foreman
- Indiewire
Quentin Tarantino Is No Longer Making ‘The Movie Critic’ as His 10th Film
- 4/17/2024
- by Brian Welk
- Indiewire
Quentin Tarantino Scraps’ The Movie Critic’ & Brad Pitt Would Have Reprised Cliff Booth Role From ‘Once Upon A Time In Hollywood’
- 4/17/2024
- by Rodrigo Perez
- The Playlist
Everything Coming to Hulu and Disney+ in May 2024
- 4/17/2024
- by Proma Khosla
- Indiewire
Why Do So Many Millennials Have a TV Antenna?
- 4/17/2024
- by Tony Maglio
- Indiewire
Sundance Film Festival Courting New Host City for 2027 and Beyond
- 4/17/2024
- by Matt Donnelly
- Variety - Film News
Tribeca Festival Reveals 2024 Feature Film Lineup Including New Movies With Lily Gladstone, Jenna Ortega and Michael Cera
- 4/17/2024
- by Jack Dunn
- Variety - Film News
Netflix LGBTQ Comedy Doc ‘Outstanding,’ Featuring Rosie O’Donnell, Billy Eichner and Wanda Sykes, Unveils Trailer, Premiere Date (Exclusive)
- 4/17/2024
- by Selena Kuznikov
- Variety - Film News
Studio Ghibli to Receive Honorary Cannes Palme d’Or
- 4/17/2024
- by Scott Roxborough
- The Hollywood Reporter - Movie News
Box Office: Dracula’s Daughter ‘Abigail’ Tries to Take a Bite Out of ‘Civil War’ With $12 Million Debut
- 4/17/2024
- by Rebecca Rubin
- Variety Film + TV
‘For All Mankind’ Renewed for Season 5, Soviet Space Program Spinoff in the Works at Apple TV+
- 4/17/2024
- by Joe Otterson
- Variety - TV News
‘Oldboy’ English-Language TV Series in the Works From Park Chan-wook, Lionsgate
- 4/17/2024
- by Joe Otterson
- Variety Film + TV
‘Quiet on Set’ Survivors Say Docuseries Was Made Under False Pretenses: ‘How Dare You’
- 4/18/2024
- by Alison Foreman
- Indiewire Television
Live: Ryan Gosling / Chris Stapleton SNL By The Numbers – S49 E17
- 4/18/2024
- by Saturday Night Network
- LateNighter
‘AHS: Delicate’: What Happens to Kim K’s Character According to the Book
- 4/18/2024
- TV Insider