Latest in The Weinstein Co

The Current War finally is ready to plug in. The film starring Benedict Cumberbatch as Thomas Edison and Michael Shannon as his rival George Westinghouse is set to open October 4 as the first release from 101 Studios. The pic had been set for a Thanksgiving 2017 release via the Weinstein Company before it filed for…

Viacom is objecting to a proposed settlement between The Weinstein Co., its buyer, Lantern Entertainment, and Netflix, arguing the agreement would leave it essentially holding the bag on money it advanced to complete production of the television series Scream. As the Weinstein Co.’s business deteriorated last fall…

EXCLUSIVE: Ron Burkle’s Yucaipa Companies has filed suit against Lantern Capital today accusing the private equity firm of fraud, breach of contract and other charges in connection with the purchase of The Weinstein Company assets. Looking for a wide range of damages, Yucaipa is claiming it shared confidential…

Lantern Entertainment today completed its acquisition of The Weinstein Co.’s assets, representing a fresh start for an entertainment company formed from the rubble of Harvey Weinstein’s sexual misconduct scandal. A library of 270 films, unreleased movies and a slate of scripted and unscripted television shows…

The Weinstein Co.’s board of directors announced that all but one of its members will step aside with the completion of the sale this week to Lantern Entertainment. The directors issued a statement this morning saying that after navigating the company through “the most difficult corporate circumstances” they will…

Lantern Entertainment has agreed to create a fund for The Weinstein Co.’s unsecured creditors, a group that includes co-founder Harvey Weinstein’s accusers as well as the actors, directors and others in Hollywood who say they’re still owed money for their participation in the bankrupt studio’s films and television…

Lantern Entertainment and The Weinstein Co. have resolved the two biggest remaining issues of the sale of the scandal-ravaged company: final price and closing date. The two entities announced they have reached a deal with the unsecured creditors committee, settling on a purchase price of $21 million (down from a…

EXCLUSIVE: The lead attorney in a class action lawsuit against Harvey Weinstein today voiced concern over allegations of fraud and racism leveled against the Dallas-based private equity firm poised to acquire The Weinstein Company. Producer Marvin Peart hit Lantern Capital with a $110 million lawsuit Monday, claiming…

The Weinstein Co. revealed for the time in court documents that it has been embroiled in serious disputes with Lantern Capital that raise “a significant risk” that the sale might fall apart. The bankrupt studio said it has been arguing with the Dallas-based private equity firm over who would pay potentially tens of…

The Weinstein Co. has dropped its price by 7% to complete the sale to Lantern Capital, provoking howls of protest from the unsecured creditors who said they feel “thrown under the bus.” The lead attorney for the Dallas-based private equity firm said The Weinstein Co.’s board agreed this morning to reduce the price…

Harvey Weinstein’s salary, perks and many other details about his tenure at The Weinstein Co. are now out in the open thanks to a new filing in Delaware bankruptcy court that contains his 2016 employment contract. (Click below to page through the full contract.) The three-year agreement is dated October 20, 2015, and…

Anonymous Content has hired its first theater scout, Whitney Dibo, who most recently was working as director of development and acquisitions for The Weinstein Co. Dibo’s new title at Anonymous Content is Director of Theatrical Acquisitions. She will scout theater productions on and Off-Broadway, regionally, and in the…