Los Angeles Times

Weinstein Co. closing in on sale to Maria Contreras-Sweet-led investor group, sources say

Weinstein Co., the troubled movie and television studio founded by disgraced mogul Harvey Weinstein, is closing in on a sale to a group of investors led by former Obama administration official Maria Contreras-Sweet, according to people familiar with the matter.

Backers for Contreras-Sweet, who ran the Small Business Administration under President Barack Obama, include billionaire Ron Burkle and Dallas-based private equity firm Lantern Asset Management, according to people with knowledge of the talks who were not authorized to speak publicly.

A deal could be reached

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times4 min readSocial History
Jackie Calmes: Donald Trump's Terrible, Horrible, No Good, Very Bad Second Term
Millions of us are justifiably focused on seeing that Donald Trump is held to account for what he's allegedly done in the past. Scheming to flip the legitimate 2020 election result and resisting the peaceful transfer of power, a first for U.S. presid
Los Angeles Times3 min readAmerican Government
Lawmakers Grill California Gov. Officials On Homelessness Spending After Audit Causes Bipartisan Frustration
LOS ANGELES — Democrats and Republicans expressed frustration Monday as they grilled Gov. Gavin Newsom's top housing officials in a tense legislative hearing about how billions of state dollars have been spent on the worsening homelessness crisis. T
Los Angeles Times4 min read
Commentary: What A Quail Taught Me About Grief By Joining A Flock Of Turkeys
It’s dusk in spring, and the seven-year anniversary of my mother’s death from cancer is approaching, a death that marked the end of my biological family. I want to text my friend Margot, who lost her dad to AIDS in the spring years ago, and ask, “How

Related Books & Audiobooks