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Wikipedia

The Weinstein Company

May 06, 2023

The Weinstein Company (usually credited or abbreviated as TWC) was an American independent film studio, founded in New York City by Bob and Harvey Weinstein on March 10, 2005. TWC was one of the largest mini-major film studios in North America as well as in the United States; prior to the firing of Harvey Weinstein following allegations of sexual harassment and rape against him, as well as financial troubles that followed. The studio eventually declared bankruptcy in February 2018, with independent studio Lantern Entertainment acquiring a majority of its film library and assets.[3] Founder and chief executive Bob Weinstein previously owned a small stake in the company.[4]

The Weinstein Company, LLC
TypePrivate
IndustryFilm
PredecessorMiramax
FoundedMarch 10, 2005; 18 years ago (2005-03-10)
FoundersBob Weinstein and Harvey Weinstein
DefunctJuly 16, 2018 (2018-07-16)
FateChapter 11 bankruptcy
SuccessorsStudio:
Lantern Entertainment
Library:
Lionsgate
Headquarters99 Hudson Street,
New York City, New York
,
United States
ProductsFeature films
Number of employees
150 (2018)
SubsidiariesThe Weinstein Company Home Entertainment
Dimension Films
Dimension Home Entertainment (post-2005 titles only)
Dimension Extreme
Dimension Television
Ovation TV
Weinstein Books
Dragon Dynasty
Mizchief
TWC-Dimension
RADiUS-TWC
Kaleidoscope-TWC
The Miriam Collection
Footnotes / references
[1][2]

The company dismissed joint founder and chief executive Harvey Weinstein in October 2017, after over 100 women came forward to accuse him of sexual harassment, abuse, assault, or rape.[5]

On February 26, 2018, the Weinstein Company announced in a statement that it would declare bankruptcy following the collapse of a buyout deal with an investor group led by Maria Contreras-Sweet.[2][6] However, the TWC board and the investor group confirmed on March 1, 2018, that they had reached a deal in which TWC would sell all of its assets for US$500 million.[7][8] On March 6, 2018, the acquisition deal collapsed again after the studio had an extra debt of US$50 million revealed.[9] The company filed for Chapter 11 bankruptcy on March 19, 2018.[10] On May 1, 2018, Lantern Capital emerged as the winner of the studio's bankruptcy auction.[11]

History

Early years

The Weinstein Company was founded on March 10, 2005,[12] and officially launched that October.[13] following the departure of Harvey and Bob Weinstein from Miramax Films, which they had co-founded in 1979, and sold to The Walt Disney Company on June 30, 1993.[14] They retained ownership of Dimension Films. Their first releases in 2005 included the dramatic thriller Derailed (starring Jennifer Aniston, Vincent Cassel and Clive Owen), the offbeat comedy-drama Transamerica (starring Felicity Huffman) the computer-animated family film Hoodwinked, the World War II–era comedy-drama Mrs Henderson Presents (starring Judi Dench and Bob Hoskins), and the caper comedy The Matador (starring Pierce Brosnan and Greg Kinnear).[citation needed]

In February 2006, TWC announced a distribution pact with Metro-Goldwyn-Mayer (MGM).[15] MGM distributed the product domestically in theatres, while TWC retained long-term ownership of their product. On July 13, 2006, the Weinsteins and Robert L. Johnson announced the creation of a joint venture studio titled Our Stories Films, which distributed African-American-oriented films.[16] In late August 2006, it was announced that TWC and co-investors Hubbard Media Group purchased Ovation TV, an arts-focused cable channel.[17] On November 17, 2006, TWC announced a three-year deal with Blockbuster Video to give the video renting company exclusive rights for rentals starting on January 1, 2007.[18] However, under the First Sale Doctrine of United States copyright law, other rental companies are able to rent copies of the company's movies purchased at retail.

TWC is the co-producer, along with Miramax, of the Lifetime reality series Project Runway, which for its first five seasons aired on Bravo. The series won a Peabody Award in 2007.[19]

On May 23, 2007, TWC announced the launch of three new direct-to-video labels: The Miriam Collection, Kaleidoscope TWC, and Dimension Extreme.[20][21]

On February 8, 2008, TWC launched a distributor called Third Rail Releasing that released films aimed mainly at the home video market.[22] On September 25, 2008, TWC ended its three-year distribution pact with MGM three months before the December 31 end date. This happened in part because TWC had struck a television output deal with Showtime, though not through MGM's output deal with them. During the span of their pact, TWC paid for marketing and prints, while MGM received a distribution fee for booking theatres.[23]

Financial restructuring

On June 5, 2009, the Weinstein Company announced the hiring of a financial adviser to restructure the finances of the company.[24] After July 2009, many layoffs occurred at TWC, and the release dates of some films were pushed back.[25][26] On September 14, 2009, TWC sold its stake in Genius Products, which served as TWC's home video distributor from 2006 to 2009. Genius, however, had announced to exit the home video distribution business and the DVD rights that were distributed by Genius were sold to Vivendi Entertainment. TWC also struck a deal with Vivendi.[27] The same year, it won a Peabody Award for The No. 1 Ladies' Detective Agency.[28]

On January 13, 2010, TWC announced more layoffs at the company after the box office failure of Nine.[29] On February 21, 2010, the Weinstein Company made a deal with Sony Pictures Home Entertainment releasing the DVDs through Sony Pictures Worldwide Acquisitions Group.[30] Bob and Harvey Weinstein attempted to buy back Miramax from Disney in 2010, but the attempt was unsuccessful.[31]

An ownership interest in TWC's library, at that point consisting of 200 titles, was sold off to Goldman Sachs and Assured Guaranty in 2010.[32] The sale freed TWC from bankruptcy, and Goldman Sachs' stake in the library was purchased by AMC Networks in 2015. According to Deadline Hollywood: "The library will revert to the Weinstein Company itself when the remaining debt has been paid off by the films in question."[33]

On January 4, 2011, the Weinstein Company had agreed to acquire a 25% stake in Starz Media. Because of this, Starz Media subsidiary Anchor Bay Entertainment became the home video distributor for all TWC films.[34] On February 3, 2011, the Weinsteins extracted a $75 million consolation prize from their former parent company, Disney, thus improving their filmmaking careers. As a result, Disney handed over its 50% stake in Project Runway, and reduced its share in four jointly owned films, including Scary Movie and Spy Kids, from 50% to 5%.[35] On February 27, 2011, TWC-distributed film The King's Speech brought to the company their first Academy Award for Best Picture at the 83rd Academy Awards, after the brothers' last Best Picture Oscar winner Chicago had won in 2002 when Bob and Harvey Weinstein were at Miramax, controlled by then corporate owner Disney. Their previous Best Picture nominees for TWC were 2008's The Reader and 2009's Inglourious Basterds, the latter film a co-production with Universal Pictures and A Band Apart.[36] On March 25, 2011, the company formed a video game division named TWC Games.[37] TWC Games formed a strategic consultancy with Beefy Media, a video game production company, to foster relationships with publishers and create high-quality games.[37]

On February 26, 2012, after TWC's purchase of the rights to release Michel Hazanavicius' The Artist in the United States, which won the prestigious Best Actor Award at the Cannes Film Festival for Jean Dujardin, The Artist won five Academy Awards, including Best Picture. This was the second consecutive Oscar for Best Picture awarded to the Weinstein Company. The last independent mini-major to win back-to-back Oscars for Best Picture was Orion Pictures for their films Dances with Wolves in 1990 and The Silence of the Lambs in 1991.

TWC distributed films on multiple formats (including video-on-demand) through its Radius-TWC brand.[38] On September 13, 2013, Bob and Harvey Weinstein launched the TWC-Dimension label to distribute projects of mutual interest They first released the TWC-Dimension label on Paddington on January 16, 2015.[39]

On November 4, 2013, TWC announced they had picked up U.S. distribution rights to the British drama series Peaky Blinders from Endemol.[40]

On December 16, 2013, Miramax and TWC entered a 20-year joint-venture agreement to develop and produce films, television series, and stage shows. The deal would allow the Weinsteins to exploit the 700-film Miramax library. Sequels to Rounders and Shakespeare in Love were among the films being developed under this new deal, and series based on Good Will Hunting and Flirting with Disaster were being planned as well. Other developments included a Stephen Colbert-written film titled The Alibi, and an adaptation of Liz Jensen's novel The 9th Life of Louis Drax, that late filmmakers Anthony Minghella and Sydney Pollack intended to make. Miramax would put up the financing and handle international sales while the Weinstein Company would develop the projects and distribute the titles domestically.[41]

On May 7, 2014, TWC entered into a five-year multi-picture financing agreement with Worldview Entertainment.[42] However, Worldview financed only the period drama Tulip Fever due to financial difficulties as a result of the departure of CEO Christopher Woodrow.

In April 2015, the Weinstein Company was closing in on a deal to sell its television division to British network ITV for $950 million but the deal was grounded in May. That same year, the company announced that around 40–50 layoffs would occur due to the box office failure of the comedy-drama Burnt among other factors.[43] Shortly after, TWC announced they would no longer release the normal 18 films per year; instead, the company would release 8–10 films per year, and would make fewer acquisitions at film festivals.[44]

On July 31, 2015, TWC COO and president David Glasser briefly left the company amid a string of company exits,[45][46] but then in September, he rejoined the company and planned to stay as its COO and president until 2018. Harvey Weinstein also openly expressed interest in reacquiring Miramax and merging the film and television libraries of both companies when the latter went up for sale in July.[47][48][49][50][51][52] On February 23, 2016, TWC decided to put its film library of 520 titles as well as a majority stake in its television division up for sale,[53] and later signed investment banks Moelis & Company and Thomas Dey’s ACF Investment Bank to handle the television sale (which was resumed nine months after the failed talks with ITV) by looking for strategic investors.[54] Meanwhile, in March, Miramax had been acquired by BeIN Media Group, but in a later July interview, however, Weinstein said that he was still interested in merging TWC with Miramax and combining the two companies' libraries in order to build a larger film library, even after the BeIN acquisition.[55][56] On June 21, 2016, James L. Dolan exited TWC's board of directors and was replaced by hedge fund billionaire and Milwaukee Bucks co-owner Marc Lasry.[57][58] Later, on August 1, Opus Bank's media and entertainment banking division funded a $400 million credit facility into TWC.[59][60]

On August 18, 2017, TWC launched Mizchief, a film label dedicated to producing animated films. When Harvey Weinstein, co-founder of TWC, was explaining the origin of the name of Mizchief, he said that it was based on how one of his kids pronounced the word, "Mischief".[61][62] The only film to be released under the label was the French-Canadian computer-animated film Leap!, released on August 25, 2017.

Sexual abuse allegations against Harvey Weinstein

Main article: Harvey Weinstein sexual abuse cases

On October 5, 2017, The New York Times reported that dozens of women, including more than 60 women in the film industry, had accused Harvey Weinstein of sexual harassment, sexual assault or rape.

On October 6, three of the company's nine members of the board of directors (including Lasry) resigned after the allegations were published.[63][64] Harvey Weinstein also announced that he would take an indefinite leave of absence.[65] On October 7, Paul Tudor Jones became the fourth member of the company's board of directors to resign.[66]

On October 8, TWC announced that Weinstein had been fired.[67] Soon after, TWC executives announced that Harvey Weinstein will not receive credit on upcoming releases, and it may consider renaming the company.[68] On October 12, board of directors member Richard Koenigsberg, who was one of the four signatories of a board of directors statement defending Weinstein,[69] resigned from the company as well.[69]

Sale efforts and bankruptcy

Bob Weinstein stated on October 13 that media reports that his brother's sexual misconduct scandal had forced the company to explore either a sale or shutting down operations were inaccurate. Bob released an emailed statement claiming "our banks, partners and shareholders are fully supportive of our company and it is untrue that the company or board is exploring a sale or shutdown of the company” and that “business is continuing as usual as the company moves ahead.”[70][71] This was contradicted by TWC president and COO David Glasser and a spokesman for company investor Goldman Sachs.[72][71] Glasser and the other two remaining members of the company's board of directors also did not join Bob in signing this statement either.[73]

On October 17, The Mist producer Amanda Segel accused Bob Weinstein of sexual harassment. His lawyer Bert Fields has denied the accusations.[74]

Bert Fields and colleague Charles Shephard petitioned a court to leave a rights dispute in which Greenberg Glusker Fields was representing the Weinstein Company due to unpaid bills on December 14, 2017. The firm underscored that it is not involved in the ongoing sexual scandals.

"TWC has failed to pay Greenberg Glusker for its legal services in this matter and has stated that it will be unable to pay for its services as the cases [sic] progresses," writes Shephard in a Wednesday filing. The attorneys also note that TWC has been a Greenberg Glusker client for a long time. So, when the firm was asked to handle this matter, it agreed – even though, at that time, TWC already owed the firm substantial money for prior services.

"Because of the manner in which plaintiff was pursuing the case, because of the size of Greenberg Glusker's receivable, and because of some new and significant issues unrelated to this litigation which had arisen and with which TWC was required to deal (issues that have received a lot of national press and issues which do not involve Greenberg Glusker in any way, and in which Greenberg Glusker played no role whatsoever), Greenberg Glusker became concerned about being paid for its services," states the filing.

Bob Weinstein told Greenberg Glusker TWC would make a substantial payment on November 20, but it never came, according to the filing, and TWC executive vice president Sarah Sobel later told the firm TWC wouldn't be able to pay.[75]

Bert Fields and several other attorneys at the Greenberg Glusker Fields law firm represented the Weinstein Company from 2005 to December 2017.[76]

Reuters reported on October 16, 2017 that TWC had entered talks with private equity firm Colony Capital for the sale of its assets.[77] On November 7, 2017, Colony Capital pulled out of acquiring the Weinstein Company.[78] Other persons and companies that had expressed interest in acquiring TWC included rapper Jay-Z,[79] Yucaipa Companies, Viacom, Lionsgate (the current home video distributor of TWC and Miramax which ended buying 20% stake of Spyglass Media Group in July 2021 including the Weinstein Company films), Metro-Goldwyn-Mayer (the former U.S theatrical distributor of TWC),[80] A&E Networks,[81] Administrator of the Small Business Administration Maria Contreras-Sweet, Killer Content, Shamrock Holdings, Vine Alternative Investments, Anchorage Capital Group, MSD Capital, beIN Media Group (the current owner of Miramax), Sony Pictures Television, and Versa.[82] Contreras-Sweet had proposed turning TWC into a studio run by women,[83][84] while Killer Content would donate the studio's profits to assault victims.[85] If anyone acquired the Weinstein Company, the studio would change its name, and Bob Weinstein agreed to leave the company; he was expected to retain the Dimension Films label.[86] All the interested parties had to submit their first-round bids by December 20, 2017.[87] On January 4, 2018, the Weinstein Company narrowed its bids down to six parties, with a sales price of below $500 million. The studio's owners would not receive any cash from the sale.[88]

As of November 8, 2017, the Weinstein Company had a debt load of $520 million, including $220 million from its film and television credit facilities, $150 million from production loans, $50 million in corporate debt and $100 million owed to performers. The studio expected to find a buyer without declaring for Chapter 11 bankruptcy, against the expectations of most of the interested parties.[89] After it appeared that talks collapsed, the company announced it would file for bankruptcy.[2] However, after continued negotiations in which New York Attorney General Eric Schneiderman played a role, the TWC board reached a deal in which TWC sold all of its assets for $500 million; after the sales were finalized, the company was renamed and got a new board of directors of which a majority were women.[7][8] However, after an additional $50 million in debt was revealed, the deal collapsed again.[90]

In order to raise funds, TWC has sold the rights to three of its films, Paddington 2 (Which the company released the original movie),[91] In the Heights, and The Six Billion Dollar Man, to Warner Bros. Pictures.[92] On January 19, 2018, TWC indefinitely postponed the releases of some of their films and upcoming projects (e.g. The War with Grandpa, The Upside, Mary Magdalene, and Scream).[93] STX Entertainment later acquired the distribution rights to The Upside, while Scream was sold to Paramount Pictures and Mary Magdalene was sold to IFC Films.

As of February 2018, several companies had sued TWC, including American Express ($1.4 million),[94] chocolatier Lindt & Sprüngli ($133,333),[95] and Canadian film distributor Entertainment One ($7.2 million for Paddington 2),[96] On March 20, 2018, shortly after the studio filed for Chapter 11 protection, the Bankruptcy Court in Delaware published a 394-page list of creditors owed money from TWC; including the estate of rock musician David Bowie, film director Michael Bay, and former First Daughter of the United States Malia Obama.[97] Several Russian studios, including Central Partnership, Paradiz and Volga, and Timur Bekmambetov's Bazelevs Company, were also owed money from the studio.[98] On January 7, 2019, Lantern Entertainment said that it was not responsible for TWC's unpaid debts.[99]

On March 19, 2018, the Weinstein Company announced that it had declared bankruptcy, and is considering a $310 million stalking horse offer with Lantern Capital.[100] The company's bankruptcy auction began on May 4, 2018.[101] Twenty-three bidders had expressed interest in buying certain assets from the studio.[102] On April 27, Miramax and Lantern emerged as the frontrunners in the company's bankruptcy sale.[103]

On June 22, 2018, Lantern lowered its acquisition price to $287 million.[104] On July 9, 2018, several actors, directors, producers and writers protested Lantern's acquisition, asking a U.S. Bankruptcy Court judge not to approve the purchase price for TWC's assets without first extracting a guarantee of payment to the creditors who are still owed money by the studio.[105]

On July 16, 2018, TWC's assets were sold to the Dallas-based equity firm Lantern Capital Partners for $289 million. A newly formed studio, Lantern Entertainment, assumed the rights to TWC's 277-film library.[106][107] Co-presidents Andy Mitchell and Milos Brajovic took charge of a company that dropped to 50 employees from 170 due to departures and layoffs. A trio of film experts were expected to help the co-presidents hire an experienced film CEO.[108]

As of July 11, 2018, Netflix terminated its output contract with the Weinstein Company, and will no longer accept deliveries or make payments to the studio. This affected the release schedule for the third season of the MTV series Scream (produced by Dimension Television, and billed as a Netflix Original internationally). On June 24, 2019, it was announced that the rebooted Scream series would be moving to VH1 ahead of the premiere of the third season.[109] The third season premiered on July 8, 2019.[110] Two other Weinstein series; Peaky Blinders and Spy Kids: Mission Critical; remained available for streaming.[111] In February 2019, Lantern was reported to be reaching a settlement with The Walt Disney Company, regarding several films that Lantern that did not acquire (including Scream 4 and The Matador).[112] On July 15, 2019, Spyglass settled two major claims, including $11 million for Viacom regarding the television series Scream and the film Sin City 2 (which Lantern did not acquire).[113]

Civil rights investigation

On October 23, 2017, New York Attorney General Eric Schneiderman launched a civil rights investigation into whether the Weinstein Company violated state civil rights and New York City human rights laws in its handling of sexual harassment complaints and other types of discrimination against employees.[114] The attorney general's Civil Rights Bureau sent the company a subpoena seeking a long list of documents, including any documents and communications related to private out-of-court settlements struck with accusers.

A group of Weinstein Company employees published a public statement in The New Yorker asking to be released from their signed nondisclosure agreements, which prohibit them from speaking out about their time at the company.[115] In their statement, they wrote, "We all knew that we were working for a man with an infamous temper. We did not know we were working for a serial sexual predator." They asked the company to lift their NDAs so they could "speak openly, and get to the origins of what happened here, and how."[116]

On February 11, 2018, Schneiderman filed a civil rights lawsuit against the company, Harvey and Bob Weinstein, just shortly before an anticipated announcement that the company would be purchased by an investor group led by Maria Contreras-Sweet. In the lawsuit, the company and both Weinsteins were accused of violating civil rights and gender discrimination laws, stating that it had "repeatedly and persistently treated female employees less well than male-employees through gender-based hostile workplace harassment, quid pro quo harassment, and discrimination" by maintaining "a group of female employees whose primary job it was to accompany HW (sic) to events and to facilitate HW’s sexual conquests". In addition, the lawsuit includes information that the company's Chief Operating Officer communicated with the Human Resources Director about complaints where settlements and non-disclosure agreements were needed, with the H.R. Director not being involved in any investigation or resolution process "on more than one occasion", and details on verbal abuse and threats by Harvey Weinstein that he would (in substance) kill employees, directly or indirectly via claims that he "had connections to the Secret Service who could solve problems for him".[117]

In filing the lawsuit, Schneiderman sought to force the company to address several points: to give up non-disclosure agreements with past employees, provide better protection for employees "who would be reporting to some of the same managers"[117] since most of the existing senior managers would remain in place, including David Glasser, current COO of the company, and insufficient funds to compensate alleged victims that would file suits. The investment group has allocated $50 million in the deal for compensation, which is in addition to the company's insurance policies. Other non-disclosure agreements were in effect between the company and the investment group, which prevented members of the group from talking to the Attorney General until February 10, though Bob Weinstein denied this. People "close to the sale" derided the timing of the filing "as an effort to score political points and grab media attention", and could lead to the sale falling through, forcing the company into bankruptcy and delaying compensation for victims. The investment group is said to meet with the Attorney General's office within a few days, with the decision whether to continue or abandon the bid for the company on hold until then.[118]

On February 16, 2018, the Weinstein Company fired President and COO David Glasser "for cause".[119][120] Glasser filed a counter-suit on February 20 against the company and remaining board members, stating that no reasons other than "for cause" were given for the firing, which was described as "nothing more than a desperate attempt to deflect attention away from the very people who were empowered to halt Harvey Weinstein's abusive behavior".[121]

Lantern Entertainment

Following the sale of all assets to Lantern Capital subsidiary, Lantern Entertainment, on July 16, 2018, the Weinstein Company was completely shut down along with its website;[107] its last film was the historical drama The Current War on October 25, 2019 in the United States. On November 13, 2018, Lantern acquired full control of three Quentin Tarantino films, Inglourious Basterds, Django Unchained and The Hateful Eight, originally released by the Weinstein Company, for $6.1 million.[122] On July 31, 2018, Lantern Entertainment signed a distribution deal with Lionsgate for the Weinstein Company's library.[123]

On March 13, 2019, Gary Barber and Lantern Entertainment revived Spyglass Media Group with other investors, including WarnerMedia/AT&T's Warner Bros.; Lantern made a majority investment, including licensing their film library, to Spyglass.[124] On March 20, 2020, a federal judge ruled that Spyglass was not responsible for any of TWC's outgoing royalties.[125]

On July 15, 2021, Spyglass sold most of TWC's catalogue and distribution rights to Lionsgate, as part of an acquisition deal in which Lionsgate also purchased a 20 percent equity stake in Spyglass and signed a first-look TV deal with the studio.[126]

Radius-TWC

See also: Lantern Entertainment § Radius

Radius-TWC (or simply Radius; stylized as RADiUS-TWC) is a dormant film label to TWC's division for distribution of multi-platform video-on-demand and theatrical productions. It was launched in 2012, and specialized in niche and independent films rather than those aimed at mainstream audiences.[127][128] As of 2018, Radius had released about 35 films,[129] including:

Weinstein Books

A successor of Miramax Books founded by Bob and Harvey Weinstein in 2001, the imprint was founded in 2009 as Weinstein Books, a joint publishing venture between the Weinstein Company and the Perseus Books Group, published a range of general interest fiction, both literary and commercial, along with media-driven non-fiction and young adult titles.[133][134]

Since 2012, Weinstein Books was under the creative management of Publishing Director Georgina Levitt and Editorial Director Amanda Murray.[135] Publicity Director Kathleen Schmidt joined Weinstein Books in 2013.[136] Weinstein Books worked in collaboration with the Weinstein Company to create book tie-ins to films such as My Week With Marilyn, Bully by Lee Hirsch and Cynthia Lee and One Chance by Paul Potts.[134]

On October 12, 2017, in response to the allegations, Hachette Book Group (which had purchased Perseus's publishing arm in April 2016) announced the imprint would immediately be shuttered, with its titles and authors moving directly to Hachette Books.[137]

International distributors

Films

Main article: List of The Weinstein Company films

Highest-grossing films

Highest-grossing films
Rank Title Year Domestic gross Notes
1 Django Unchained 2012 $162,805,434 Jointly released with Columbia Pictures internationally.
2 The King's Speech 2010 $138,797,449
3 Silver Linings Playbook 2012 $132,092,958
4 Inglourious Basterds 2009 $120,540,719 Jointly released with Universal Pictures internationally.
5 The Butler 2013 $116,632,095
6 Hoodwinked! 2005 $110,013,167
7 The Imitation Game 2014 $91,125,683
8 Scary Movie 4 2006 $90,710,620 Released under Dimension Films brand, jointly released with Buena Vista Pictures internationally.
9 Paddington 2015 $76,223,578 Produced in the United Kingdom by StudioCanal
10 1408 2007 $71,985,628 Released under Dimension Films brand, co-distributed by Metro-Goldwyn-Mayer.

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External links

  •   Media related to The Weinstein Company at Wikimedia Commons

May 06, 2023
weinstein, company, usually, credited, abbreviated, american, independent, film, studio, founded, york, city, harvey, weinstein, march, 2005, largest, mini, major, film, studios, north, america, well, united, states, prior, firing, harvey, weinstein, following. The Weinstein Company usually credited or abbreviated as TWC was an American independent film studio founded in New York City by Bob and Harvey Weinstein on March 10 2005 TWC was one of the largest mini major film studios in North America as well as in the United States prior to the firing of Harvey Weinstein following allegations of sexual harassment and rape against him as well as financial troubles that followed The studio eventually declared bankruptcy in February 2018 with independent studio Lantern Entertainment acquiring a majority of its film library and assets 3 Founder and chief executive Bob Weinstein previously owned a small stake in the company 4 The Weinstein Company LLCTypePrivateIndustryFilmPredecessorMiramaxFoundedMarch 10 2005 18 years ago 2005 03 10 FoundersBob Weinstein and Harvey WeinsteinDefunctJuly 16 2018 2018 07 16 FateChapter 11 bankruptcySuccessorsStudio Lantern EntertainmentLibrary LionsgateHeadquarters99 Hudson Street New York City New York United StatesProductsFeature filmsNumber of employees150 2018 SubsidiariesThe Weinstein Company Home EntertainmentDimension FilmsDimension Home Entertainment post 2005 titles only Dimension ExtremeDimension TelevisionOvation TVWeinstein BooksDragon DynastyMizchiefTWC DimensionRADiUS TWCKaleidoscope TWCThe Miriam CollectionFootnotes references 1 2 The company dismissed joint founder and chief executive Harvey Weinstein in October 2017 after over 100 women came forward to accuse him of sexual harassment abuse assault or rape 5 On February 26 2018 the Weinstein Company announced in a statement that it would declare bankruptcy following the collapse of a buyout deal with an investor group led by Maria Contreras Sweet 2 6 However the TWC board and the investor group confirmed on March 1 2018 that they had reached a deal in which TWC would sell all of its assets for US 500 million 7 8 On March 6 2018 the acquisition deal collapsed again after the studio had an extra debt of US 50 million revealed 9 The company filed for Chapter 11 bankruptcy on March 19 2018 10 On May 1 2018 Lantern Capital emerged as the winner of the studio s bankruptcy auction 11 Contents 1 History 1 1 Early years 1 2 Financial restructuring 1 3 Sexual abuse allegations against Harvey Weinstein 1 4 Sale efforts and bankruptcy 1 5 Civil rights investigation 1 6 Lantern Entertainment 2 Radius TWC 3 Weinstein Books 4 International distributors 5 Films 6 Highest grossing films 7 References 8 External linksHistory EditEarly years Edit The Weinstein Company was founded on March 10 2005 12 and officially launched that October 13 following the departure of Harvey and Bob Weinstein from Miramax Films which they had co founded in 1979 and sold to The Walt Disney Company on June 30 1993 14 They retained ownership of Dimension Films Their first releases in 2005 included the dramatic thriller Derailed starring Jennifer Aniston Vincent Cassel and Clive Owen the offbeat comedy drama Transamerica starring Felicity Huffman the computer animated family film Hoodwinked the World War II era comedy drama Mrs Henderson Presents starring Judi Dench and Bob Hoskins and the caper comedy The Matador starring Pierce Brosnan and Greg Kinnear citation needed In February 2006 TWC announced a distribution pact with Metro Goldwyn Mayer MGM 15 MGM distributed the product domestically in theatres while TWC retained long term ownership of their product On July 13 2006 the Weinsteins and Robert L Johnson announced the creation of a joint venture studio titled Our Stories Films which distributed African American oriented films 16 In late August 2006 it was announced that TWC and co investors Hubbard Media Group purchased Ovation TV an arts focused cable channel 17 On November 17 2006 TWC announced a three year deal with Blockbuster Video to give the video renting company exclusive rights for rentals starting on January 1 2007 18 However under the First Sale Doctrine of United States copyright law other rental companies are able to rent copies of the company s movies purchased at retail TWC is the co producer along with Miramax of the Lifetime reality series Project Runway which for its first five seasons aired on Bravo The series won a Peabody Award in 2007 19 On May 23 2007 TWC announced the launch of three new direct to video labels The Miriam Collection Kaleidoscope TWC and Dimension Extreme 20 21 On February 8 2008 TWC launched a distributor called Third Rail Releasing that released films aimed mainly at the home video market 22 On September 25 2008 TWC ended its three year distribution pact with MGM three months before the December 31 end date This happened in part because TWC had struck a television output deal with Showtime though not through MGM s output deal with them During the span of their pact TWC paid for marketing and prints while MGM received a distribution fee for booking theatres 23 Financial restructuring Edit On June 5 2009 the Weinstein Company announced the hiring of a financial adviser to restructure the finances of the company 24 After July 2009 many layoffs occurred at TWC and the release dates of some films were pushed back 25 26 On September 14 2009 TWC sold its stake in Genius Products which served as TWC s home video distributor from 2006 to 2009 Genius however had announced to exit the home video distribution business and the DVD rights that were distributed by Genius were sold to Vivendi Entertainment TWC also struck a deal with Vivendi 27 The same year it won a Peabody Award for The No 1 Ladies Detective Agency 28 On January 13 2010 TWC announced more layoffs at the company after the box office failure of Nine 29 On February 21 2010 the Weinstein Company made a deal with Sony Pictures Home Entertainment releasing the DVDs through Sony Pictures Worldwide Acquisitions Group 30 Bob and Harvey Weinstein attempted to buy back Miramax from Disney in 2010 but the attempt was unsuccessful 31 An ownership interest in TWC s library at that point consisting of 200 titles was sold off to Goldman Sachs and Assured Guaranty in 2010 32 The sale freed TWC from bankruptcy and Goldman Sachs stake in the library was purchased by AMC Networks in 2015 According to Deadline Hollywood The library will revert to the Weinstein Company itself when the remaining debt has been paid off by the films in question 33 On January 4 2011 the Weinstein Company had agreed to acquire a 25 stake in Starz Media Because of this Starz Media subsidiary Anchor Bay Entertainment became the home video distributor for all TWC films 34 On February 3 2011 the Weinsteins extracted a 75 million consolation prize from their former parent company Disney thus improving their filmmaking careers As a result Disney handed over its 50 stake in Project Runway and reduced its share in four jointly owned films including Scary Movie and Spy Kids from 50 to 5 35 On February 27 2011 TWC distributed film The King s Speech brought to the company their first Academy Award for Best Picture at the 83rd Academy Awards after the brothers last Best Picture Oscar winner Chicago had won in 2002 when Bob and Harvey Weinstein were at Miramax controlled by then corporate owner Disney Their previous Best Picture nominees for TWC were 2008 s The Reader and 2009 s Inglourious Basterds the latter film a co production with Universal Pictures and A Band Apart 36 On March 25 2011 the company formed a video game division named TWC Games 37 TWC Games formed a strategic consultancy with Beefy Media a video game production company to foster relationships with publishers and create high quality games 37 On February 26 2012 after TWC s purchase of the rights to release Michel Hazanavicius The Artist in the United States which won the prestigious Best Actor Award at the Cannes Film Festival for Jean Dujardin The Artist won five Academy Awards including Best Picture This was the second consecutive Oscar for Best Picture awarded to the Weinstein Company The last independent mini major to win back to back Oscars for Best Picture was Orion Pictures for their films Dances with Wolves in 1990 and The Silence of the Lambs in 1991 TWC distributed films on multiple formats including video on demand through its Radius TWC brand 38 On September 13 2013 Bob and Harvey Weinstein launched the TWC Dimension label to distribute projects of mutual interest They first released the TWC Dimension label on Paddington on January 16 2015 39 On November 4 2013 TWC announced they had picked up U S distribution rights to the British drama series Peaky Blinders from Endemol 40 On December 16 2013 Miramax and TWC entered a 20 year joint venture agreement to develop and produce films television series and stage shows The deal would allow the Weinsteins to exploit the 700 film Miramax library Sequels to Rounders and Shakespeare in Love were among the films being developed under this new deal and series based on Good Will Hunting and Flirting with Disaster were being planned as well Other developments included a Stephen Colbert written film titled The Alibi and an adaptation of Liz Jensen s novel The 9th Life of Louis Drax that late filmmakers Anthony Minghella and Sydney Pollack intended to make Miramax would put up the financing and handle international sales while the Weinstein Company would develop the projects and distribute the titles domestically 41 On May 7 2014 TWC entered into a five year multi picture financing agreement with Worldview Entertainment 42 However Worldview financed only the period drama Tulip Fever due to financial difficulties as a result of the departure of CEO Christopher Woodrow In April 2015 the Weinstein Company was closing in on a deal to sell its television division to British network ITV for 950 million but the deal was grounded in May That same year the company announced that around 40 50 layoffs would occur due to the box office failure of the comedy drama Burnt among other factors 43 Shortly after TWC announced they would no longer release the normal 18 films per year instead the company would release 8 10 films per year and would make fewer acquisitions at film festivals 44 On July 31 2015 TWC COO and president David Glasser briefly left the company amid a string of company exits 45 46 but then in September he rejoined the company and planned to stay as its COO and president until 2018 Harvey Weinstein also openly expressed interest in reacquiring Miramax and merging the film and television libraries of both companies when the latter went up for sale in July 47 48 49 50 51 52 On February 23 2016 TWC decided to put its film library of 520 titles as well as a majority stake in its television division up for sale 53 and later signed investment banks Moelis amp Company and Thomas Dey s ACF Investment Bank to handle the television sale which was resumed nine months after the failed talks with ITV by looking for strategic investors 54 Meanwhile in March Miramax had been acquired by BeIN Media Group but in a later July interview however Weinstein said that he was still interested in merging TWC with Miramax and combining the two companies libraries in order to build a larger film library even after the BeIN acquisition 55 56 On June 21 2016 James L Dolan exited TWC s board of directors and was replaced by hedge fund billionaire and Milwaukee Bucks co owner Marc Lasry 57 58 Later on August 1 Opus Bank s media and entertainment banking division funded a 400 million credit facility into TWC 59 60 On August 18 2017 TWC launched Mizchief a film label dedicated to producing animated films When Harvey Weinstein co founder of TWC was explaining the origin of the name of Mizchief he said that it was based on how one of his kids pronounced the word Mischief 61 62 The only film to be released under the label was the French Canadian computer animated film Leap released on August 25 2017 Sexual abuse allegations against Harvey Weinstein Edit Main article Harvey Weinstein sexual abuse cases On October 5 2017 The New York Times reported that dozens of women including more than 60 women in the film industry had accused Harvey Weinstein of sexual harassment sexual assault or rape On October 6 three of the company s nine members of the board of directors including Lasry resigned after the allegations were published 63 64 Harvey Weinstein also announced that he would take an indefinite leave of absence 65 On October 7 Paul Tudor Jones became the fourth member of the company s board of directors to resign 66 On October 8 TWC announced that Weinstein had been fired 67 Soon after TWC executives announced that Harvey Weinstein will not receive credit on upcoming releases and it may consider renaming the company 68 On October 12 board of directors member Richard Koenigsberg who was one of the four signatories of a board of directors statement defending Weinstein 69 resigned from the company as well 69 Sale efforts and bankruptcy Edit Bob Weinstein stated on October 13 that media reports that his brother s sexual misconduct scandal had forced the company to explore either a sale or shutting down operations were inaccurate Bob released an emailed statement claiming our banks partners and shareholders are fully supportive of our company and it is untrue that the company or board is exploring a sale or shutdown of the company and that business is continuing as usual as the company moves ahead 70 71 This was contradicted by TWC president and COO David Glasser and a spokesman for company investor Goldman Sachs 72 71 Glasser and the other two remaining members of the company s board of directors also did not join Bob in signing this statement either 73 On October 17 The Mist producer Amanda Segel accused Bob Weinstein of sexual harassment His lawyer Bert Fields has denied the accusations 74 Bert Fields and colleague Charles Shephard petitioned a court to leave a rights dispute in which Greenberg Glusker Fields was representing the Weinstein Company due to unpaid bills on December 14 2017 The firm underscored that it is not involved in the ongoing sexual scandals TWC has failed to pay Greenberg Glusker for its legal services in this matter and has stated that it will be unable to pay for its services as the cases sic progresses writes Shephard in a Wednesday filing The attorneys also note that TWC has been a Greenberg Glusker client for a long time So when the firm was asked to handle this matter it agreed even though at that time TWC already owed the firm substantial money for prior services Because of the manner in which plaintiff was pursuing the case because of the size of Greenberg Glusker s receivable and because of some new and significant issues unrelated to this litigation which had arisen and with which TWC was required to deal issues that have received a lot of national press and issues which do not involve Greenberg Glusker in any way and in which Greenberg Glusker played no role whatsoever Greenberg Glusker became concerned about being paid for its services states the filing Bob Weinstein told Greenberg Glusker TWC would make a substantial payment on November 20 but it never came according to the filing and TWC executive vice president Sarah Sobel later told the firm TWC wouldn t be able to pay 75 Bert Fields and several other attorneys at the Greenberg Glusker Fields law firm represented the Weinstein Company from 2005 to December 2017 76 Reuters reported on October 16 2017 that TWC had entered talks with private equity firm Colony Capital for the sale of its assets 77 On November 7 2017 Colony Capital pulled out of acquiring the Weinstein Company 78 Other persons and companies that had expressed interest in acquiring TWC included rapper Jay Z 79 Yucaipa Companies Viacom Lionsgate the current home video distributor of TWC and Miramax which ended buying 20 stake of Spyglass Media Group in July 2021 including the Weinstein Company films Metro Goldwyn Mayer the former U S theatrical distributor of TWC 80 A amp E Networks 81 Administrator of the Small Business Administration Maria Contreras Sweet Killer Content Shamrock Holdings Vine Alternative Investments Anchorage Capital Group MSD Capital beIN Media Group the current owner of Miramax Sony Pictures Television and Versa 82 Contreras Sweet had proposed turning TWC into a studio run by women 83 84 while Killer Content would donate the studio s profits to assault victims 85 If anyone acquired the Weinstein Company the studio would change its name and Bob Weinstein agreed to leave the company he was expected to retain the Dimension Films label 86 All the interested parties had to submit their first round bids by December 20 2017 87 On January 4 2018 the Weinstein Company narrowed its bids down to six parties with a sales price of below 500 million The studio s owners would not receive any cash from the sale 88 As of November 8 2017 the Weinstein Company had a debt load of 520 million including 220 million from its film and television credit facilities 150 million from production loans 50 million in corporate debt and 100 million owed to performers The studio expected to find a buyer without declaring for Chapter 11 bankruptcy against the expectations of most of the interested parties 89 After it appeared that talks collapsed the company announced it would file for bankruptcy 2 However after continued negotiations in which New York Attorney General Eric Schneiderman played a role the TWC board reached a deal in which TWC sold all of its assets for 500 million after the sales were finalized the company was renamed and got a new board of directors of which a majority were women 7 8 However after an additional 50 million in debt was revealed the deal collapsed again 90 In order to raise funds TWC has sold the rights to three of its films Paddington 2 Which the company released the original movie 91 In the Heights and The Six Billion Dollar Man to Warner Bros Pictures 92 On January 19 2018 TWC indefinitely postponed the releases of some of their films and upcoming projects e g The War with Grandpa The Upside Mary Magdalene and Scream 93 STX Entertainment later acquired the distribution rights to The Upside while Scream was sold to Paramount Pictures and Mary Magdalene was sold to IFC Films As of February 2018 several companies had sued TWC including American Express 1 4 million 94 chocolatier Lindt amp Sprungli 133 333 95 and Canadian film distributor Entertainment One 7 2 million for Paddington 2 96 On March 20 2018 shortly after the studio filed for Chapter 11 protection the Bankruptcy Court in Delaware published a 394 page list of creditors owed money from TWC including the estate of rock musician David Bowie film director Michael Bay and former First Daughter of the United States Malia Obama 97 Several Russian studios including Central Partnership Paradiz and Volga and Timur Bekmambetov s Bazelevs Company were also owed money from the studio 98 On January 7 2019 Lantern Entertainment said that it was not responsible for TWC s unpaid debts 99 On March 19 2018 the Weinstein Company announced that it had declared bankruptcy and is considering a 310 million stalking horse offer with Lantern Capital 100 The company s bankruptcy auction began on May 4 2018 101 Twenty three bidders had expressed interest in buying certain assets from the studio 102 On April 27 Miramax and Lantern emerged as the frontrunners in the company s bankruptcy sale 103 On June 22 2018 Lantern lowered its acquisition price to 287 million 104 On July 9 2018 several actors directors producers and writers protested Lantern s acquisition asking a U S Bankruptcy Court judge not to approve the purchase price for TWC s assets without first extracting a guarantee of payment to the creditors who are still owed money by the studio 105 On July 16 2018 TWC s assets were sold to the Dallas based equity firm Lantern Capital Partners for 289 million A newly formed studio Lantern Entertainment assumed the rights to TWC s 277 film library 106 107 Co presidents Andy Mitchell and Milos Brajovic took charge of a company that dropped to 50 employees from 170 due to departures and layoffs A trio of film experts were expected to help the co presidents hire an experienced film CEO 108 As of July 11 2018 Netflix terminated its output contract with the Weinstein Company and will no longer accept deliveries or make payments to the studio This affected the release schedule for the third season of the MTV series Scream produced by Dimension Television and billed as a Netflix Original internationally On June 24 2019 it was announced that the rebooted Scream series would be moving to VH1 ahead of the premiere of the third season 109 The third season premiered on July 8 2019 110 Two other Weinstein series Peaky Blinders and Spy Kids Mission Critical remained available for streaming 111 In February 2019 Lantern was reported to be reaching a settlement with The Walt Disney Company regarding several films that Lantern that did not acquire including Scream 4 and The Matador 112 On July 15 2019 Spyglass settled two major claims including 11 million for Viacom regarding the television series Scream and the film Sin City 2 which Lantern did not acquire 113 Civil rights investigation Edit On October 23 2017 New York Attorney General Eric Schneiderman launched a civil rights investigation into whether the Weinstein Company violated state civil rights and New York City human rights laws in its handling of sexual harassment complaints and other types of discrimination against employees 114 The attorney general s Civil Rights Bureau sent the company a subpoena seeking a long list of documents including any documents and communications related to private out of court settlements struck with accusers A group of Weinstein Company employees published a public statement in The New Yorker asking to be released from their signed nondisclosure agreements which prohibit them from speaking out about their time at the company 115 In their statement they wrote We all knew that we were working for a man with an infamous temper We did not know we were working for a serial sexual predator They asked the company to lift their NDAs so they could speak openly and get to the origins of what happened here and how 116 On February 11 2018 Schneiderman filed a civil rights lawsuit against the company Harvey and Bob Weinstein just shortly before an anticipated announcement that the company would be purchased by an investor group led by Maria Contreras Sweet In the lawsuit the company and both Weinsteins were accused of violating civil rights and gender discrimination laws stating that it had repeatedly and persistently treated female employees less well than male employees through gender based hostile workplace harassment quid pro quo harassment and discrimination by maintaining a group of female employees whose primary job it was to accompany HW sic to events and to facilitate HW s sexual conquests In addition the lawsuit includes information that the company s Chief Operating Officer communicated with the Human Resources Director about complaints where settlements and non disclosure agreements were needed with the H R Director not being involved in any investigation or resolution process on more than one occasion and details on verbal abuse and threats by Harvey Weinstein that he would in substance kill employees directly or indirectly via claims that he had connections to the Secret Service who could solve problems for him 117 In filing the lawsuit Schneiderman sought to force the company to address several points to give up non disclosure agreements with past employees provide better protection for employees who would be reporting to some of the same managers 117 since most of the existing senior managers would remain in place including David Glasser current COO of the company and insufficient funds to compensate alleged victims that would file suits The investment group has allocated 50 million in the deal for compensation which is in addition to the company s insurance policies Other non disclosure agreements were in effect between the company and the investment group which prevented members of the group from talking to the Attorney General until February 10 though Bob Weinstein denied this People close to the sale derided the timing of the filing as an effort to score political points and grab media attention and could lead to the sale falling through forcing the company into bankruptcy and delaying compensation for victims The investment group is said to meet with the Attorney General s office within a few days with the decision whether to continue or abandon the bid for the company on hold until then 118 On February 16 2018 the Weinstein Company fired President and COO David Glasser for cause 119 120 Glasser filed a counter suit on February 20 against the company and remaining board members stating that no reasons other than for cause were given for the firing which was described as nothing more than a desperate attempt to deflect attention away from the very people who were empowered to halt Harvey Weinstein s abusive behavior 121 Lantern Entertainment Edit Following the sale of all assets to Lantern Capital subsidiary Lantern Entertainment on July 16 2018 the Weinstein Company was completely shut down along with its website 107 its last film was the historical drama The Current War on October 25 2019 in the United States On November 13 2018 Lantern acquired full control of three Quentin Tarantino films Inglourious Basterds Django Unchained and The Hateful Eight originally released by the Weinstein Company for 6 1 million 122 On July 31 2018 Lantern Entertainment signed a distribution deal with Lionsgate for the Weinstein Company s library 123 On March 13 2019 Gary Barber and Lantern Entertainment revived Spyglass Media Group with other investors including WarnerMedia AT amp T s Warner Bros Lantern made a majority investment including licensing their film library to Spyglass 124 On March 20 2020 a federal judge ruled that Spyglass was not responsible for any of TWC s outgoing royalties 125 On July 15 2021 Spyglass sold most of TWC s catalogue and distribution rights to Lionsgate as part of an acquisition deal in which Lionsgate also purchased a 20 percent equity stake in Spyglass and signed a first look TV deal with the studio 126 Radius TWC EditSee also Lantern Entertainment Radius Radius TWC or simply Radius stylized as RADiUS TWC is a dormant film label to TWC s division for distribution of multi platform video on demand and theatrical productions It was launched in 2012 and specialized in niche and independent films rather than those aimed at mainstream audiences 127 128 As of 2018 update Radius had released about 35 films 129 including 20 Feet from Stardom All the Boys Love Mandy Lane Bachelorette Butter Citizenfour Fed Up Horns It Follows 130 The Last Five Years Lovelace Man of Tai Chi Only God Forgives 131 self published source Snowpiercer 132 Weinstein Books EditA successor of Miramax Books founded by Bob and Harvey Weinstein in 2001 the imprint was founded in 2009 as Weinstein Books a joint publishing venture between the Weinstein Company and the Perseus Books Group published a range of general interest fiction both literary and commercial along with media driven non fiction and young adult titles 133 134 Since 2012 Weinstein Books was under the creative management of Publishing Director Georgina Levitt and Editorial Director Amanda Murray 135 Publicity Director Kathleen Schmidt joined Weinstein Books in 2013 136 Weinstein Books worked in collaboration with the Weinstein Company to create book tie ins to films such as My Week With Marilyn Bully by Lee Hirsch and Cynthia Lee and One Chance by Paul Potts 134 On October 12 2017 in response to the allegations Hachette Book Group which had purchased Perseus s publishing arm in April 2016 announced the imprint would immediately be shuttered with its titles and authors moving directly to Hachette Books 137 International distributors EditCanada Alliance Atlantis 2005 2008 Alliance Films 2008 2013 Entertainment One 2013 2018 138 United Kingdom Momentum Pictures now Entertainment One 2006 2011 Optimum Releasing now known as StudioCanal UK 2007 2017 for some films Entertainment Film Distributors 2008 2018 main contractor Icon Entertainment International 2007 2009 Paramount Pictures 2006 2008 Warner Bros UK TMNT and The Nut Job The Nut Job 2 Nutty by Nature only Australia and New Zealand Roadshow Entertainment 2006 2018 Russia Forum Film 2010 2018 Central Partnership A Company 2007 2018 Middle East Italia Film 2009 2018 Israel Forum Film 2009 2018 France SND Films StudioCanal Metropolitan Filmexport Indonesia SinemArt Multivision Plus Spain Diamond Films 2016 2018 Entertainment One 2013 2016 DeAPlaneta 2006 2013 Films EditMain article List of The Weinstein Company filmsHighest grossing films EditHighest grossing films Rank Title Year Domestic gross Notes1 Django Unchained 2012 162 805 434 Jointly released with Columbia Pictures internationally 2 The King s Speech 2010 138 797 4493 Silver Linings Playbook 2012 132 092 9584 Inglourious Basterds 2009 120 540 719 Jointly released with Universal Pictures internationally 5 The Butler 2013 116 632 0956 Hoodwinked 2005 110 013 1677 The Imitation Game 2014 91 125 6838 Scary Movie 4 2006 90 710 620 Released under Dimension Films brand jointly released with Buena Vista Pictures internationally 9 Paddington 2015 76 223 578 Produced in the United Kingdom by StudioCanal10 1408 2007 71 985 628 Released under Dimension Films brand co distributed by Metro Goldwyn Mayer References Edit Harvey Weinstein s NYC Office Cleared Out Report Says October 31 2017 Archived from the original on June 20 2018 Retrieved June 20 2018 a b c Barnes Brooks February 26 2018 Weinstein Co Will File for Bankruptcy After Deal Talks Collapse The New York Times Archived from the original on February 26 2018 Retrieved February 26 2018 Distributor report cards Film Journal Archived from the original on October 24 2014 Retrieved July 28 2014 Twohey Megan October 8 2017 Harvey Weinstein Is Fired After Sexual Harassment Reports The New York Times Archived from the original on October 8 2017 Retrieved October 9 2017 Barnes Brooks October 17 2017 Harvey Weinstein Fired on Oct 8 Resigns from Company s Board The New York Times Archived from the original on October 23 2017 Retrieved October 24 2017 Perry Spencer February 26 2018 The Weinstein Company to Declare Bankruptcy After Sale Talks Fail ComingSoon net Archived from the original on February 26 2018 Retrieved February 27 2018 a b Faughnder Ryan March 1 2018 Former Obama administration official has reached a deal to buy Weinstein Co assets Los Angeles Times Archived from the original on March 2 2018 Retrieved March 2 2018 a b Chmielewski Dawn March 2 2018 TWC Board New York AG Confirm Maria Contreras Sweet Group Has Acquired Weinstein Company Assets Deadline Hollywood Archived from the original on March 2 2018 Retrieved March 2 2018 Barnes Brooke March 6 2018 Planned Sale of the Weinstein Company Collapses Again The New York Times Archived from the original on March 21 2018 Retrieved March 21 2018 Weinstein Company files for bankruptcy BBC News March 20 2018 Archived from the original on March 20 2018 Retrieved March 20 2018 Chmielewski Dawn May 1 2018 Weinstein Company Declares Lantern Capital The Winner Of Bankruptcy Auction Rival Bidder Responds Deadline Hollywood Archived from the original on May 3 2018 Retrieved May 6 2018 Hernandez Eugene March 30 2005 Weinstein s Leaving Miramax Will Form New Company Brothers Taking Dimension Label Leaving All Film Libraries at Disney IndieWire Archived from the original on October 13 2017 Retrieved October 12 2017 The Weinstein Company files for bankruptcy Reuters March 19 2018 Archived from the original on September 5 2022 Retrieved September 5 2022 Disney sells Miramax film studios BBC News July 30 2010 Archived from the original on September 5 2022 Retrieved September 6 2022 C21Media Retrieved June 17 2015 permanent dead link PRNewswire The RLJ Companies Launches Our Stories Films in Association With The Weinstein Company Archived June 3 2013 at the Wayback Machine prnewswire com Retrieved on November 12 2012 James Meg July 13 2006 Family Weinstein Buy Arts Channel Los Angeles Times Archived from the original on January 18 2023 Retrieved February 18 2020 How The Weinstein Company ruined Home Entertainment FILM Archived from the original on March 17 2009 Retrieved November 17 2006 Project Runway Bravo 67th Annual Peabody Awards Archived October 6 2014 at the Wayback Machine May 2008 Dade Hayes Variety May 23 2007 Weinsteins launch three new labels Archived October 10 2017 at the Wayback Machine variety com Retrieved on September 7 2013 The Weinstein Company Focuses On Direct To Video Business With The Launch Of Three Dynamic New Labels Including THE MIRIAM COLLECTION to Restore and Release Classics Contemporary Classics and Notable Foreign Films KALEIDOSCOPE TWC to Release Quality Family Programming AND DIMENSION EXTREME to Release Provocative and Edgy Genre Films Genius Products Archived from the original on September 28 2007 Bloody Disgusting Weinstein Company Launches Third Rail Releasing Archived May 21 2013 at the Wayback Machine bloody disgusting com Retrieved on November 13 2012 McClintock Pamela September 26 2008 Weinstein Co MGM cut short deal Variety Archived from the original on October 8 2009 Retrieved November 24 2015 Finke Nikki June 5 2009 The Weinstein Company To Restructure Deadlinehollywooddaily com Archived from the original on May 31 2012 Retrieved March 16 2011 Finke Nikki September 4 2009 Unhappy Halloween Weinstein Co Layoffs Deadline Hollywood Archived from the original on May 23 2012 Retrieved March 16 2011 Finke Nikki September 25 2009 Tom Ortenberg Exits The Weinstein Co Deadline Hollywood Archived from the original on December 23 2010 Retrieved March 16 2011 Chakradhar Adusumilli Weinstein terminates stake in Genius Products paper Archived January 18 2023 at the Wayback Machine Reuters uk reuters com Sep 15 2009 The No 1 Ladies Detective Agency HBO 69th Annual Peabody Awards Archived September 12 2014 at the Wayback Machine May 2010 Finke Nikki January 13 2010 Weinstein Co Suffers More Exits amp Layoffs Why Nine Was Such A Financial Disaster Deadline Hollywood Archived from the original on March 14 2010 Retrieved March 16 2011 Weinstein Company Seals Sony DVD Deal Archived February 27 2010 at the Wayback Machine deadline com Franich Darren May 25 2010 Disney will not sell Miramax back to the Weinsteins Entertainment Weekly Archived from the original on May 31 2010 Retrieved March 16 2011 Goldman Gets Weinstein Film Library Stake Los Angeles Business Journal Labusinessjournal com June 24 2010 Archived from the original on February 27 2012 Retrieved March 16 2011 Ali Jaafar February 6 2015 AMC Networks Acquires Goldman Sachs Stake In Weinstein Company Library Deadline Deadline Hollywood Archived from the original on June 1 2015 Retrieved June 17 2015 Weinsteins Buy 25 Stake In Starz Media Archived January 7 2011 at the Wayback Machine deadline com Gatecrasher February 3 2011 Harvey and Bob Weinstein extract 75 million consolation prize from Disney after company fallout Daily News New York Archived from the original on July 27 2011 Retrieved March 16 2011 Winners for the 83rd Academy Awards Academy of Motion Picture Arts amp Sciences Oscars org Archived from the original on March 2 2011 Retrieved March 16 2011 a b Dean Takahashi VentureBeat The English Patient The Video Game Artsy Film Makers at The Weinstein Co Form Video Game Division Archived September 19 2017 at the Wayback Machine March 25 2011 Fleming Mike Jr June 11 2012 Radius TWC Names Liza Burnett Fefferman To Run Publicity Heath Shapiro Marketing Distribution Deadline Hollywood Archived from the original on October 29 2013 Retrieved June 17 2015 Nancy Tartaglione September 13 2013 Weinsteins Acquire Paddington For New TWC Dimension Colin Firth amp Nicole Kidman To Lead Cast Of CGI Live Action Pic Deadline Hollywood Archived from the original on March 29 2014 Retrieved June 17 2015 Endemol THE WEINSTEIN COMPANY ACQUIRES U S RIGHTS TO PEAKY BLINDERS Archived November 13 2013 at the Wayback Machine endemol com Retrieved on November 12 2013 Fleming Mike Jr December 16 2013 The Weinstein Company Miramax Reunite In Production Deal Deadline Deadline Hollywood Archived from the original on June 13 2014 Retrieved June 17 2015 Fleming Mike Jr May 7 2014 The Weinstein Company Makes 5 Year Co Fi Deal With Worldview Entertainment Deadline Hollywood Archived from the original on May 10 2014 Retrieved May 7 2014 The Deadline Team November 15 2015 Weinstein Co To Lay Off 40 50 Employees Report Deadline Hollywood Archived from the original on November 16 2015 Retrieved November 15 2015 Jagernauth Kevin November 24 2015 The Weinstein Company To Acquire And Release Fewer Movies Focus On TV Indiewire com Archived from the original on November 25 2015 Retrieved November 24 2015 Thompson Anne July 31 2015 Fall Calendar Reveals Awards Itinerary and Stealth Contenders IndieWire www indiewire com Archived from the original on August 26 2016 Retrieved August 23 2016 Kilday Gregg August 11 2015 Harvey Weinstein Addresses Executive Exits Company Is in Great Shape The Hollywood Reporter Archived from the original on October 11 2016 Retrieved August 23 2016 Fleming Mike Jr September 9 2015 David Glasser Staying As Weinstein Company COO President Deadline Hollywood Archived from the original on August 26 2016 Retrieved August 23 2016 Faughnder Ryan September 9 2015 David Glasser to stay with the Weinstein Co through 2018 The LA Times Archived from the original on August 28 2016 Retrieved August 23 2016 McNary Dave September 9 2015 David Glasser Reverses Course Staying at the Weinstein Co Variety Archived from the original on January 16 2018 Retrieved August 23 2016 Lang Brent September 9 2015 Interview David Glasser on Why He Decided to Stay at the Weinstein Co Variety Archived from the original on January 16 2018 Retrieved August 23 2016 Siegel Tatiana September 30 2015 Weinstein s Shanghai Surprise Movie Gets Release After Seven Years The Hollywood Reporter Archived from the original on October 11 2016 Retrieved August 23 2016 Cieply Michael December 20 2015 The Weinstein Brothers Have Oscar Gold Now They Need Cash The New York Times Archived from the original on June 2 2017 Retrieved August 23 2016 Fleming Mike Jr February 23 2016 Weinstein Company To Deal Pic Library Or TV In 2016 Harvey Weinstein amp David Glasser Q amp A Deadline Hollywood Archived from the original on August 26 2016 Retrieved August 23 2016 Lieberman David May 13 2016 The Weinstein Co Signs Up Bankers To Look For Strategic Investor In TV Unit Deadline Hollywood Archived from the original on August 22 2016 Retrieved August 23 2016 Cieply Michael March 2 2016 Miramax Is Bought by the Qatari beIN Media Group The New York Times Archived from the original on February 10 2018 Retrieved August 23 2016 Kilday Gregg July 21 2016 Harvey Weinstein Explains Recent Movie Release Shifts TV Growth and Oscar Prospects Q amp A The Hollywood Reporter Archived from the original on July 24 2016 Retrieved August 23 2016 James Dolan Exits Weinstein Company Board Deadline Hollywood June 21 2016 Archived from the original on August 24 2016 Retrieved August 23 2016 Siegel Tatiana June 21 2016 Weinstein Board Shake Up James Dolan Resigns Billionaire Marc Lasry Joins Exclusive The Hollywood Reporter Archived from the original on October 11 2016 Retrieved August 23 2016 Opus Bank Participates in 400MM Credit Facility to the Weinstein Company News ABL Advisor www abladvisor com Archived from the original on August 25 2016 Retrieved August 23 2016 Opus Bank Opus Bank s Media and Entertainment Banking Division Provides Financing Solution to The Weinstein Company The Wall Street Transcript Archived from the original on September 24 2016 Retrieved August 23 2016 The Weinstein Company Announces Animation Label Mizchief ComingSoon net August 18 2017 Archived from the original on August 19 2017 Retrieved August 18 2017 Weinstein Company Launches Mizchief Animated Film Label Deadline Hollywood August 18 2017 Archived from the original on August 18 2017 Retrieved August 18 2017 Pedersen Erik October 7 2017 Two More Weinstein Company Board Members Quit Amid Harvey Weinstein Scandal Archived from the original on October 7 2017 Retrieved October 7 2017 Herreria Carla October 7 2017 One Third Of Weinstein Company Board Resigns After Sexual Harassment Report Archived from the original on October 8 2017 Retrieved October 7 2017 via Huff Post Harvey Weinsten to take indefinite leave of absence CBS News Archived from the original on October 8 2017 Retrieved October 7 2017 Harvey Weinstein Fired From The Weinstein Company www forbes com 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Archived from the original on October 16 2017 Retrieved October 16 2017 Barnes Brooks November 7 2017 Thomas Barrack s Colony Capital Ends Bid for Weinstein Studio The New York Times Archived from the original on November 12 2017 Retrieved November 20 2017 Jay Z Talking About Buying Harvey Weinstein s Interest in The Weinstein Company Archived from the original on November 19 2017 Retrieved November 24 2017 Weinstein Co Talking to 22 Buyers 300 Million Expected Price Bob Weinstein Must Exit October 26 2017 Archived from the original on November 23 2017 Retrieved November 24 2017 Weinstein Company Reportedly Gets 275 Million Rescue Bid from Maria Contreras Sweet Forbes November 20 2017 Archived from the original on February 1 2018 Retrieved January 31 2018 Chmielewski Dawn C January 7 2018 Maria Contreras Sweet Bid Leads Weinstein Co Auction Staff Would Stay Bob Weinstein Exit Women Lead Board Archived from the original on January 8 2018 Retrieved January 8 2018 Woman bids to buy out The Weinstein Co and make it female led Independent co uk November 20 2017 Archived from the original on December 1 2017 Retrieved December 7 2017 Haring Bruce November 20 2017 Weinstein Co Bidder Emerges Promises Majority Female Leadership Archived from the original on November 23 2017 Retrieved November 24 2017 A Group Of Activists Want To Buy The Weinstein Company And Give Profits To Assault Victims BuzzFeed Archived from the original on December 5 2017 Retrieved December 4 2017 Patten Dominic October 26 2017 Weinstein Company Sees Bidders Massing For Buy Indemnification Required Archived from the original on November 23 2017 Retrieved November 24 2017 Faughnder Ryan December 20 2017 Bids to purchase Weinstein Co come due amid uncertain outlook Archived from the original on December 21 2017 Retrieved December 20 2017 via LA Times Fritz Ben Hagey Keach January 4 2018 Weinstein Co Close to Sale for Less Than 500 Million Wall Street Journal Archived from the original on January 5 2018 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original on April 14 2018 Retrieved April 13 2018 Puhak Janine February 22 2018 Lindt chocolatier suing the Weinstein Company after sponsored Golden Globes bash got scuttled foxnews com Archived from the original on March 27 2018 Retrieved April 13 2018 Ng David February 2 2018 Weinstein Co is sued over Paddington 2 Los Angeles Times Archived from the original on March 30 2018 Retrieved April 13 2018 Chmielewski Dade Hayes Dawn C March 20 2018 Bankruptcy Reveals Wild List Of Who The Weinstein Company Owes Money To Malia Obama David Bowie Michael Bay Deadline Hollywood Archived from the original on April 15 2018 Retrieved April 13 2018 Kozlov Vladimir March 23 2018 Russian Companies Surprised to Be on The Weinstein Co s Creditor List The Hollywood Reporter Archived from the original on July 24 2018 Retrieved July 24 2018 Lantern Says It s Not Responsible for Weinstein Co Debts to Hollywood Stars The Hollywood Reporter January 7 2019 Archived from the original on November 7 2020 Retrieved January 9 2019 Maddaus Gene March 20 2018 The Weinstein Co Declares Bankruptcy Variety Archived from the original on March 21 2018 Retrieved March 20 2018 Dent Mark April 6 2018 Weinstein Co Bankruptcy Auction Pushed To May 4 Creditors Question Lantern Capital Bid At Hearing Deadline Hollywood Archived from the original on April 7 2018 Retrieved April 13 2018 Faughnder Ryan April 6 2018 Weinstein Co bankruptcy auction draws 23 potential bidders lawyers say Los Angeles Times Archived from the original on April 12 2018 Retrieved April 13 2018 Maddaus Gene April 27 2018 Miramax Emerges As Strong Contender in Weinstein Co Bankruptcy Sale Archived from the original on June 14 2018 Retrieved June 19 2018 The Weinstein Co Drops Purchase Price Creditors Feel Thrown Under the Bus June 22 2018 Archived from the original on July 10 2018 Retrieved July 24 2018 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Hollywood Who s Who Raise Objections to Weinstein Co Sale July 9 2018 Archived from the original on July 26 2018 Retrieved July 24 2018 a href Template Cite web html title Template Cite web cite web a CS1 maint bot original URL status unknown link Marotta Jenna July 16 2018 The Weinstein Company Is No More Buyer Lantern Capital Partners Rebrands as Lantern Entertainment IndieWire Archived from the original on July 18 2018 Retrieved July 17 2018 a b Chmielewski Dawn C July 16 2018 Lantern Entertainment Closes 289 Million Acquisition of The Weinstein Co s Assets Deadline Archived from the original on July 24 2018 Retrieved October 20 2018 Kilday Gregg July 16 2018 Weinstein Co Saga Comes to an End as 289 Million Sale to Lantern Closes The Hollywood Reporter Archived from the original on July 18 2018 Retrieved July 28 2018 Petski Denise June 24 2019 Scream Reboot Moves To VH1 For Season 3 Unveils July Premiere Date Trailer Deadline Hollywood Archived from the original on July 5 2019 Retrieved June 25 2019 Goldberg Lesley June 24 2019 Scream Reboot Moves to VH1 Gets July Debut Trailer Exclusive The Hollywood Reporter Archived from the original on June 25 2019 Retrieved June 25 2019 Chmielewski Dawn July 18 2018 Netflix Terminates Contract With The Weinstein Co Deadline Hollywood Archived from the original on July 24 2018 Retrieved July 24 2018 Hayes Dade February 21 2019 Disney And Lantern Near Settlement For Weinstein Co Film And TV Projects Archived from the original on November 7 2020 Retrieved July 27 2020 Hayes Dade July 15 2019 In Weinstein Co Bankruptcy Viacom And Spyglass Reach 11M Scream Settlement Archived from the original on November 15 2020 Retrieved July 27 2020 Faughnder Ryan October 23 2017 New York attorney general launches investigation of Weinstein Co Los Angeles Times Archived from the original on October 24 2017 Retrieved October 24 2017 Koren James Rufus October 23 2017 Weinstein scandal puts nondisclosure agreements in the spotlight Los Angeles Times Archived from the original on October 24 2017 Retrieved October 24 2017 Statement from Members of the Weinstein Company Staff The New Yorker October 19 2017 Archived from the original on October 24 2017 Retrieved October 24 2017 a b Littleton Cynthia February 11 2018 N Y Attorney General Suit Details Culture of Harassment and Intimidation at Weinstein Co Variety Archived from the original on February 15 2018 Retrieved February 14 2018 Littleton Cynthia February 12 2018 Weinstein Co Acquisition Deal on Life Support Following N Y Attorney General Intervention Variety Archived from the original on February 21 2018 Retrieved February 14 2018 Mike Fleming Jr TWC Board Bombshell Fires COO David Glasser For Cause Deadline Hollywood Archived from the original on February 17 2018 Retrieved February 16 2018 Faughnder Ryan February 26 2018 Weinstein Co is set to file for bankruptcy after sale talks collapse Los Angeles Times Archived from the original on April 25 2018 Retrieved April 13 2018 Kilday Gregg February 21 2018 Ousted Weinstein Co Exec David Glasser Plans 85M Wrongful Termination Lawsuit Variety Archived from the original on February 27 2018 Retrieved February 27 2018 Maddaus Gene November 13 2018 Lantern Entertainment Pays 5 5 Million to Take Three Quentin Tarantino Films Variety Archived from the original on October 25 2020 Retrieved March 19 2019 Briefing Lantern to Partner with Lionsgate to Distribute Weinstein Library Archived from the original on June 24 2021 Retrieved June 16 2021 Lang Brent March 13 2019 Gary Barber Teams With Lantern Entertainment to Launch Spyglass Media Group Variety Archived from the original on November 1 2021 Retrieved March 13 2019 Hollywood s Creatives Suffer Blow in Appeal Over Weinstein Co s Bankruptcy Sale The Hollywood Reporter March 20 2020 Archived from the original on March 23 2020 Retrieved March 22 2020 Lionsgate Acquires Bulk of Weinstein Film Library in Spyglass Deal July 15 2021 Archived from the original on November 9 2021 Retrieved November 9 2021 Tom Quinn and Jason Janego Exit Radius TWC EXCLUSIVE Archived January 26 2018 at the Wayback Machine Variety by Ramin Setoodeh and Brent Lang August 5 2015 Anne Zeiser June 19 2015 Transmedia Marketing From Film and TV to Games and Digital Media CRC Press pp 333 ISBN 978 1 134 74622 4 Archived from the original on February 25 2017 Retrieved November 1 2016 It Follows Expands as Radius TWC Bets on Box Office Over VOD Archived December 23 2016 at the Wayback Machine The Wrap By Todd Cunningham on March 19 2015 It Follows on Track to Be Radius TWC s Highest Grossing Release Archived January 18 2023 at the Wayback Machine Variety March 29 2015 Brent Lang Jared Latore Clint Worthington January 2014 Alcohollywood Our Year in Movies Lulu com pp 87 ISBN 978 1 304 73128 9 Archived from the original on February 25 2017 Retrieved November 1 2016 The Overnight Crosses 1 Million in Digital On Demand Revenue EXCLUSIVE Archived January 26 2018 at the Wayback Machine Variety October 4 2015 Brent Lang The Weinstein Company and the Perseus Books Group Join Forces in New Publishing Joint Venture for Weinstein Books PDF PerseusBooksGroup com October 19 2009 Archived PDF from the original on June 26 2014 Retrieved January 6 2016 a b About Us WeinsteinBooks com Archived from the original on March 4 2016 Retrieved January 6 2016 Weinstein Books Rises Again With New Team PublishersWeekly com Archived from the original on September 5 2015 Retrieved June 17 2015 Boog Jason May 23 2013 Kathleen Schmidt Joins Weinstein Books as Director of Publicity Adweek com Archived from the original on March 4 2016 Retrieved January 6 2016 Alter Alexandra October 12 2017 Weinstein Books Is Shuttered by Hachette Book Group The New York Times Archived from the original on October 13 2017 Retrieved October 13 2017 Nancy Tartaglione April 23 2014 EOne amp The Weinstein Co Renew Output Deal In Canada Deadline Hollywood Archived from the original on June 19 2014 Retrieved June 17 2015 External links Edit Media related to The Weinstein Company at Wikimedia Commons Retrieved from https en wikipedia org w index php title The Weinstein Company amp oldid 1152521714, wikipedia, wiki, book, books, library,

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