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The Weinstein Company May Be Headed For Bankruptcy — But The Film Studio Calls The Rumors 'Complete Fiction'!

the weinstein company headed for bankruptcy

Is The Weinstein Company doomed following Harvey Weinstein's sexual misconduct scandal??

Sources say yes, but the independent film studio says no. Huh.

Related: New Accuser Says Harvey Forced Oral Sex On Her In 2006

According to TMZ, TWC is currently in a financial freefall. In fact, thanks to Harvey's bad behavior and poor management, the company is expected to file for bankruptcy within mere weeks. One source close to the situation spilled:

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Latest Weinstein Sexual Assault Accuser Files Lawsuit — But NOT Against Harvey…

Filed under: Icky Icky PooLegal Matters

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Dominique Huett's story is one we've heard before:

When she was a nascent actress/model, she allegedly met Harvey Weinstein at a hotel bar. He told her he could help her with her career.

She says he talked about her breasts, asking whether she had implants (for career reasons), then invited her to his hotel room for a business meeting.

Related: All 50+ Women Who Have Accused Harvey Weinstein So Far

In his room, Weinstein is said to have changed into a robe unexpectedly and demanded a massage. Then he allegedly demanded to give her oral sex, not taking no for an answer. She also says he masturbated in front of her.

What makes Huett's allegations different are what she and attorney Jeff Herman are doing about it. According to docs obtained by TMZ, Huett is suing

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The Weinstein Company Investigated By NY Attorney General Over Possible Civil Rights Violations

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Bad news for The Weinstein Company.

On Monday, New York Attorney General Eric Schneiderman announced that his office has launched a civil rights investigation into the independent film studio following the countless sexual misconduct claims that have been brought against Harvey Weinstein. Whoa.

Related: Roman Polanski Accused Of Molesting A 10-Year-Old Girl In 1975

Per Mr. Schneiderman, his office has already issued

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Unaware Weinstein Company Staff Condemn 'Serial Sexual Predator' Harvey Weinstein In Joint Statement

Filed under: Business BlitzControversy

They're speaking out!!

Employees at The Weinstein Company have issued a joint statement in response to Harvey Weinstein's scandal, breaking their silence on the controversial producer.

Calling him a "serial sexual predator," the anonymous group of reportedly almost 30 staff members condemn his actions in the pointed piece.

Related: The Weinstein Company Is In TROUBLE

They add they are aware their statement violates their non-disclosure agreement, but feel Harvey violated their contracts' promise to a safe work environment with his alleged harassment and assault.

They wrote:

"We came to work at this company because we love movies. We grew up watching Miramax films, and came to associate that name, and later the name Weinstein, with great storytelling… All of us were excited to get the job, proud to be working for a company with such an illustrious history. We all knew that we were working for a man with an infamous temper. We did not know we were working for a serial sexual predator. We knew that our boss could be manipulative. We did not know that he used his power to systematically assault and silence women. We had an idea that he was a womanizer who had extra-marital affairs. We did not know he was a violent aggressor and alleged rapist."

They continued:

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The Weinstein Company's Lone Potential Buyer Is Rethinking Saving The Company!

The Weinstein Company is in trouble.

The Weinstein Company can't seem to land a deal amid Harvey Weinstein's sexual harassment and assault scandal.

Especially as we previously reported, the movie producer's younger brother Bob Weinstein has also been accused of sexual harassment.

According to TMZ, the one buyer negotiating a potential deal is taking a good hard look at the worth of The Weinstein Co., and it's not looking good.

Related: Jaime King Calls Out Bob For Bad Behavior

A source spilled Colony Capital fears that nothing will fix the business if the name is so tainted. Meanwhile, a TWC insider revealed:

"One thing is certain. If there's any chance for survival, Bob has to go."

The Weinstein Company has reportedly been out of money for 15 months, with current deals falling through.

No surprise there.

[Image via FayesVision/Ivan Nikolov/WENN.]

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Channing Tatum Cuts All Ties With The Weinstein Company Despite Having Project In Development — Read His Empowering Message To Abuse Victims!

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Channing Tatum probably has plenty of #metoo stories from over the years, but the actor is helping solve Hollywood's abuse problem a different way

By cutting all ties with Harvey Weinstein and his namesake company!

On Wednesday, the Magic Mike star announced plans to drop all upcoming projects with The Weinstein Company in a message expressing support for the women speaking up about sexual abuse.

Related: Olympian McKayla Maroney Was Sexually Abused By Team Doctor

In a joint statement with producing partner Reid Carolin, Tatum said they would no longer be developing their "lone project" in development with TWC, which ironically is a story about a young boy who suffers sexual abuse.

While acknowledging the project, an adaptation of Matthew Quick's book Forgive Me Leonard Peacock, is a "powerful message of healing," Tatum noted that he and Carolin were happy to seize the "giant opportunity for real positive change" following the outpouring of accusers coming forward against Weinstein.

The actor, who had worked with Weinstein on Quentin Tarantino's The Hateful Eight, concluded his announcement with a call for action, writing:

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Harvey Weinstein Was Surprisingly 'Peaceful' & Apologetic While Resigning From TWC's Board Of Directors!

Filed under: Film FlickersBusiness Blitz

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Maybe he's really ready to work on his issues?

As we reported, on Tuesday, Harvey Weinstein officially resigned from The Weinstein Company's Board of Directors amid his sexual harassment scandal.

While many believed the meeting was going to be explosive, it was anything but.

Related: Harvey Plans To Keep Producing Movies

According to TMZ, the film producer — who communicated through speaker phone from Arizona — was "peaceful" and didn't yell during the assembly. He even admitted to having "a real problem," apologized for the "trouble and confusion," and said he wants to build a new life, and move on.

It also appears Harvey will not

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