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-Lurid Crime Tales-
Weinstein Company on the brink of collapse
2017-10-14
[HotAir] Go figure that talent and content producers might not want to work with the entertainment industry equivalent of The Pit of Despair. A revolt from agencies and financiers has put the Weinstein Company “near the brink” of extinction, Deadline Hollywood reported last night. Whatever remaining benefit of doubt has evaporated as more details of the Harvey Weinstein “dumpster fire” emerges — and that was before details of his contract with the board emerged:

Late last week, the town seemed willing to hang in with the production company if Weinstein was fired, giving co-chairman Bob Weinstein and COO David Glasser the chance to keep the company moving forward on its TV and movie projects, and keep the 190 staffers from heading to the exits. This was after the first New York Timesarticle. But there has been one devastating blow after the other in the days following that have eroded much of that good will for a post-Weinstein rebound. The first serious wound came with Ronan Farrow’s The New Yorker article, with descriptions of rapes that were more than sickening; they were terrifying. Two days after the board of directors issued a statement that its members had no idea of the allegations of abuse by Weinstein, TNY today quoted board member Lance Maerov admitting he had heard of multiple settlements. Even though he added he believed they were for consensual affairs and the desire to eliminate legal liability (and some believe his admission got mangled in translation, because at least two of the matters were investigated by TWC’s HR department, several major agents today said they had lost faith in the company’s mixed messaging).

Agents did not want to be on record, but reactions ranged from not wanting to risk the wrath of clients in the event of more fallout by putting them into TWC projects, and others said that if there was evidence of Weinstein benefiting directly or indirectly in projects, the agencies wanted no part of it. They felt even a re-branded company will carry a tarnish, and hoped that projects would be sold off. This wasn’t unanimous; at least one said that if Bob Weinstein and Glasser could change the messaging, and make it clear that Harvey Weinstein’s indiscretions were not in fact covered up, forgiveness could come over time.
More at the link
Posted by:badanov

#10  So is Weinstein finally getting dumped because he no longer has enough power to matter? Or perhaps because he is not perverted enough (pedo?) for others to hold as a threat over him?
Posted by: Glenmore   2017-10-14 21:21  

#9  BTW, Ronan Farrow's turning out to be a actual freakin' journalist.
Posted by: ed in texas   2017-10-14 20:55  

#8  "had no idea of the allegations of abuse"
Yeah, that's why his contract had a clause allowing him to pay a penalty as a 'cure' for an allegation.
They knew he was dirty and would do it again, otherwise they wouldn't have allowed for an exit.
Posted by: ed in texas   2017-10-14 20:53  

#7  I hope the Samson option does come up. Let the ceiling fall on them all.
Posted by: Charles   2017-10-14 15:56  

#6  How many actresses said yes and went on to wonderful careers? This could get even messier.
Posted by: Airandee   2017-10-14 12:36  

#5  I wonder if Weinstein will exercise the Samson option if he's pushed too far by his shocked, shocked former friends.

I hope that doesn't happen. He'll transform from victimizer to victim. I can only wish him a long and miserable incarcerated life.
Posted by: Besoeker   2017-10-14 11:58  

#4  I wonder if Weinstein will exercise the Samson option if he's pushed too far by his shocked, shocked former friends.

If he tells the public what he knows he'll be one of many, many pariahs, and perhaps not even the worst of the lot.

Weinstein's perversion apparently isn't pedophilia but there are credible allegations of organized pedophilia in Hollywood. Compared to that the Weinstein revelations are pretty harmless.
Posted by: Elmerert Hupens2660   2017-10-14 11:52  

#3  No intention of defending the offender, but lost in the shuffle is the inconvenient fact that for every few dozen casts or so, Harvey's efforts must have been rewarded by a willing masseuse or two. Well it must be so, his hobby would have been a pointless embarrassment otherwise.

I don't suppose we should be looking for any of the willing and rewarded to come forward however. How boring, to only have available the spurning accusers.
Posted by: Besoeker   2017-10-14 01:09  

#2  Well, it's said politics is Hollywood for ugly people. In politics, a phone call gets made and someone gets rubbed out and the wrongdoers party on. In Hollywood (and Silly-con Valley) not so much. And the new obsession with virtue signaling means that someone like ol' Harve gets hung out to dry by all his friends. In politics, some contributions are "returned" or "donated to charity" and that makes it all better. Hollywood and Silly-Con Valley should take note of how the game is played and how they are the minor leagues compared to the Washington crowd.
Posted by: M. Murcek   2017-10-14 00:28  

#1  Nothing... at all, will be hidden.

You were warned and you doubled down.
Now, it is over.
Posted by: newc   2017-10-14 00:14  

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