Well good for them!
The Weinstein Company has reached a full restructuring agreement in which insurance company Ambac will pay off $115 million of their debt to Goldman Sachs and Assured Guaranty.
They had to give up 200 of their 350 films to do so, but at least the debt is gone!
Just like that!
[Image via WENN.]
Tags: deal, goldman sachs, insurance company, movies, weinstein co.
We’ve been hearing about Paris Hilton’s second album for a while now, but this is some pretty big news for the socialite-turned-singer!
It turns out Paris has officially signed a deal with Cash Money Records, home to other big names, including Lil’ Wayne, Nicki Minaj, and Drake!
The label's founder, Birdman, confirmed the news on Twitter earlier today:
[Image via Lia Toby/WENN.]
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