Tuesday, March 20, 2018

Finally, the Weinstein studio's out of business

Harvey Weinstein's crummy movie studio has finally filed for bankruptcy:
The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual misconduct scandal that brought down co-founder Harvey Weinstein, shook Hollywood and triggered a movement that spread out to convulse other industries.
Here's the most interesting part:
The company also announced it was releasing any victims of or witnesses to Weinstein’s alleged misconduct from non-disclosure agreements preventing them from speaking out. That step had long been sought by New York Attorney General Eric Schneiderman, who filed a lawsuit against the company last month on behalf of its employees.

“Since October, it has been reported that Harvey Weinstein used non-disclosure agreements as a secret weapon to silence his accusers. Effective immediately, those ‘agreements’ end,” the company said in a statement. “No one should be afraid to speak out or coerced to stay quiet.”
I hope they are free of the NDA requirements, and be able to speak out against him more freely for a change. As for the studio itself, it won't be missed, regardless of the merit the individual films may have. Weinstein himself was hardly worth it.

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