June 6, 2009 |
In a move that is likely to further fuel speculation about its financial condition, Weinstein Co. has hired consulting firm Miller Buckfire & Co. to restructure its debt and raise funds to cover operating costs, said a person close to the company. The film studio behind such critically acclaimed movies as "The Reader" has struggled to find its footing since brothers Bob and Harvey Weinstein formed their own company in 2005 after parting ways with Walt Disney Co.
January 21, 2013 |
PARK CITY, Utah -- In a deal for about $2 million, the Weinstein Co. has acquired rights to the drama “Fruitvale,” shown at the Sundance Film Festival, according to a person close to the film who was not authorized to speak on the record. The deal comes as Relativity Media bought Joseph Gordon-Levitt's sexual obsession story “Don Jon's Addiction” for about $4 million. “Fruitvale” is based on the 2009 shooting of 22-year-old African American father Oscar Grant by a BART police officer in Oakland, an event that sparked outrage among community activists.
February 22, 2013 |
The Weinstein Co. and producer Anant Singh ("The First Grader") announced Friday that the company has acquired the North American, Australian and New Zealand distribution rights to "Mandela: Long Walk to Freedom," based on the legendary South African President Nelson Mandela's 1996 autobiography. Singh began communication with Mandela about making a film about his life while the anti-apartheid activist was still serving a life sentence in prison on charges of sabotage and conspiracy to overthrow the government.
July 15, 2008 |
Looking to beef up its stock of movies, Showtime on Monday entered into a seven-year deal with Weinstein Co., a producer of independent films. The pay cable channel has been searching for a source of films since April when it failed to renew deals with its longtime suppliers Paramount Pictures, MGM and Lions Gate. Showtime had demanded that the studios accept substantially lower movie license fees, so the three studios instead decided to strike out on their own and launch a movie channel.
May 16, 2013 |
Harvey Weinstein says he loved the martial arts blockbuster “Crouching Tiger, Hidden Dragon.” So now he's making its sequel - albeit without original director Ang Lee. CHEAT SHEET: Cannes Film Festival 2013 The Weinstein Co. announced Thursday at the Cannes Film Festival that it will commence filming on “Crouching Tiger, Hidden Dragon 2 - The Green Destiny” next March in Asia. The sequel will be directed by Yuen Wo Ping (the celebrated fight choreographer in the first film)
January 18, 2013 |
Re-imagining the slave narrative should be left to the professionals. That was the word Friday when the Weinstein Co. announced that it has asked toymaker NECA to discontinue the "Django Unchained" action figure dolls after receiving complaints that the dolls were offensive and trivialized the horrors of slavery. According to the studio, action figures for all of Tarantino's films have been made, including those for "Inglourious Basterds," which featured figurines of Christoph Waltz as Nazi Col. Hans Landa and Brad Pitt as Lt. Aldo Raine.
January 5, 2011 |
Weinstein Co. is getting into the home entertainment business ? again. Bob and Harvey Weinstein's New York-based independent film studio has agreed to acquire 25% of Starz Media, the home entertainment division of mogul John Malone's Liberty Media Corp., for an undisclosed sum. The arrangement includes a five-year distribution deal under which Starz's Anchor Bay Entertainment will release new Weinstein Co. films on DVD and Starz Digital Media will handle online downloads and streaming.
March 1, 2013 |
Sure, “Argo” walked away with the big kahuna Sunday night at the Oscars. But in a year of anomalies, it's fitting that the director and producer of the best-picture winner is not the leader in the final Heatmeter rankings for top 2012-13 personalities. With Ben Affleck out of the running for best director at the Oscars, he missed out on some key points and finished in third. Instead, Daniel Day-Lewis, winning nearly every acting prize known to man this year, soared to the top, followed closely by Jennifer Lawrence of "Silver Linings Playbook.
February 22, 2013 |
EXCLUSIVE: “Southpaw,” the Antoine Fuqua movie about a boxer whose life takes some rough turns, has followed a path not unlike that of its hero. DreamWorks was going to make the gritty drama back in 2011 , then dropped it. Soon after, MGM picked it up and was set to distribute the film via Sony -- then put the project in turnaround. Now the movie will live to fight another round courtesy of the Weinstein Co., which has bought rights to the scrappy project, according to Fuqua.
June 24, 2010 |
Weinstein Co. has struck a deal to restructure its debt in the wake of several film flops, but the arrangement leaves the independent production company with a formidable task if it is to turn around its fortunes. The settlement calls for the New York studio, run by Bob and Harvey Weinstein, to turn over about 200 titles from its film catalog to Goldman Sachs and insurance company Assured Guarantee, which were owed $450 million as part of a $1.2-billion financing package the investment bank arranged for Weinstein Co. when it launched in 2005, two people familiar with the situation said Thursday.