Investor Group Has Deal To Buy Weinstein Co., Start New Movie Studio
The group says the new company will be led by a majority-female board of directors. The firm had been in turmoil over allegations of sexual harassment and abuse against ex-Chairman Harvey Weinstein.
Less than a week after the Weinstein Co. seemed destined for bankruptcy, a deal emerged for an investment group to buy assets from the troubled firm in order to launch a new movie studio that will be led by women.
The deal, between the Weinstein Co. and a group backed
