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Harvey Weinstein Studios Declares Bankruptcy (Topic)

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Harvey Weinstein Studios Declares Bankruptcy

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Studio The Weinstein Co. The creators and leaders of which were the famous Hollywood producers Bob Weinstein and Harvey Weinstein intends to officially declare bankruptcy and file a corresponding petition for protection to the US government. About this with reference to the information of the board of directors of the company reports the publication Deadline.

It is alleged that such a decision was made after negotiations with potential buyers of the company failed. “We recognize that this is a very bad result for our employees, our creditors and other stakeholders, but the board has no choice but to pursue the only viable option to preserve the remaining value of the company: an orderly process of bankruptcy,” the company said in a statement.

Recall that The Weinstein Co. is in serious trouble. began after it became known that one of its founders, Harvey Weinstein, was accused of numerous cases of sexual harassment of Hollywood actresses. The company made an attempt to minimize its reputational losses by firing Weinstein, but that was not enough.

We also note that The Weinstein Co. was considered one of the most successful independent studios. Her projects have repeatedly received the most prestigious awards.

Note also that The Weinstein Co. was considered one of the most successful independent studios. Her projects have repeatedly received the most prestigious awards.

Note also that The Weinstein Co. was considered one of the most successful independent studios. Her projects have repeatedly received the most prestigious awards.

The Topic of Article: Harvey Weinstein Studios Declares Bankruptcy.
Author: Jake Pinkman


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