Plans to sell the business and walked earlier spoke.
The Weinstein Company, the production company of the controversial producer Harvey Weinstein and his brother, Sunday it filed for bankruptcy. That the company makes itself known.
The announcement is the provisional culmination of the downward spiral in which the company ended up after Weinstein in October, dozens of women were accused of sexual abuse. Almost immediately afterwards dismissed The Weinstein Company him and came to the company, inter alia, by legal costs in the debt.
Previously attempts have been made to the company to sell. The main candidates were investors Ron Burkle and Maria Contreras-Sweet, of which $ 275 million,plus the acquisition of a further 225 million dollars in debt, the veil had to The Weinstein Company to buy the company completely by the women to lead. In a letter from the company itself, they are accused does not comply with the agreements to have held, and their proposals ‘an illusion’. “The Board now has no option other than to choose the only viable option for the remaining value of the company to maximize: an orderly bankruptcy.’
The Weinstein Company exists since 2005 and produced in dozens of successful movies like The King’s Speech, Inglorious Basterds and The Imitation Game.