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The Weinstein Company NEWS

NFE/5.0en-USnews-webmaster@google.com2019 Google Inc.Mon, 21 Jan 2019 08:22:54 GMTGoogle News
Lantern Says It's Not Responsible for Weinstein Co. Debts to Hollywood Stars  Hollywood Reporter

Bradley Cooper, Jennifer Lawrence and Robert De Niro may be owed for 'Silver Linings Playbook,' but the company that bought the film's copyright essentially ...

Hollywood Reporter
Harvey Weinstein’s long tail: ‘The Upside’ is just the beginning of a movie outpouring  The Washington Post

When “The Upside,” a former Harvey Weinstein project, surprisingly won the box office last weekend, it seemed like a one-off. After all, the disgraced mogul was ...

The Washington Post
Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters  Insurance Journal

Transparency and culture awareness were the key takeaways from a panel discussion on top directors and officers' claims trends that took place at this.

Insurance Journal
How ‘The Upside’ Beat the Box Office Bankruptcy Curse  Variety

“The Upside,” a feel good film about the bond that forms between a wealthy quadriplegic and his caretaker, scored a surprising box office victory last weekend.

Variety
Nicole Kidman Is The Current Queen of 2019 | ScreenRant  Screen Rant

Nicole Kidman's roles in Aquaman, Destroyer, and The Upside, as well as her multiple TV shows, makes her the current queen of 2019.

Screen Rant
Oscars: With PGA Victory, ‘Green Book’ Becomes Best Picture Frontrunner  Variety

The Producers Guild's top prize is generally a good barometer for the annual Oscar season outcome. "Green Book" took the honor this year.

Variety
Two of the year's best performances are being pushed for the wrong Oscar categories  The A.V. Club

When Debra Granik's touching and truthful Leave No Trace premiered at the Sundance Film Festival one year ago today, a few writers and media outlets began ...

The A.V. Club
Box Office: 'Bumblebee' Passes $400M, 'Mary Poppins' Tops $300M, 'Bohemian Rhapsody' Nears $800M  Forbes

In holdover news that isn't Aquaman, The Upside earned a terrific $15.6 million (-23%) second Fri-Sun weekend for a likely $19.5m Fri-Mon holiday haul. Yes ...

Forbes
Box Office: 'Aquaman' Nears $300M, 'Bohemian Rhapsody' Tops $200M, 'Green Book' Passes $40M  Forbes

The Upside earned another $4.17 million (-40%) on its second Friday. That sets the stage for a $14.5m Fri-Sun weekend (-28%) and a terrific $17 m Fri-Mon ...

Forbes
Will Kevin Hart’s Scandal Bring Down The Upside?  Vulture

In the odd-couple dramedy The Upside, Bryan Cranston portrays Phillip, a quadriplegic billionaire and grieving widower who has lost the use of his limbs ...

Vulture
R Kelly documentary to screen on SA TV in February  Channel 24

South African viewers will finally get the chance to see the buzzed-about Surviving R. Kelly documentary series next month on Crime+Investigation (DStv 170).

Channel 24
A Star Is Born Is The Weakest Oscar Favorite In Years  Screen Rant

A Star Is Born has emerged as 2019's big Oscar favorite, with the bookies currently having it on odds for Best Picture rivaled only by Roma. Bradley Cooper's ...

Screen Rant
Ashley Judd's harassment claims against Harvey Weinstein are dismissed, but judge says her defamation suit can go on  CNN

Ashley Judd's claims of sexual harassment against Harvey Weinstein were dismissed on Wednesday, but the judge ruled Judd could move forward with her ...

CNN
Did Warner Bros. Overpay With Its RatPac-Dune Deal?  Hollywood Reporter

At the 11th hour, the studio exercises its right to match a bid of about $290 million for the Brett Ratner-led library — despite not getting major rights associated ...

Hollywood Reporter
Box Office Report for January 18-20  Hollywoodnews.com

Welcome back to the weekly box office report! Each Sunday, expect a look at what made the most money in theaters, as well as just how all of the new releases.

Hollywoodnews.com
‘The Upside’ True Story: Kevin Hart and Bryan Cranston Replace the Real Algerian and French Aristocrat  Newsweek

'The Upside' is a remake of the 2011 French dramedy 'The Intouchables,' which was itself based on a French aristocrat's memoir.

Newsweek
For all its racially charged setup, The Upside doesn’t completely crash and burn  The Province

Back in 2011, France released The Intouchables, a buddy comedy in which a rich white quadriplegic hires an unqualified black ex-con as a live-in caregiver, ...

The Province
Nike employees claim unfair termination after shoplifting incident  WIVB.com - News 4

Two longtime Nike employees say they were fired for trying to protect their store, after it was targeted by two suspected shoplifters in November.

WIVB.com - News 4
A real backstage and real laughs in 'Noises Off' at the Windy City Playhouse  Chicago Tribune

Now 37 years old, Michael Frayn's “Noises Off” is not only one of the funniest English-language farces of the 20th century but far and away the best comedy ever ...

Chicago Tribune
Brad Bird Makes First Comments On John Lasseter: "I Don't See Him In Black And White"  Cartoon Brew

Ever since John Lasseter took a leave of absence from Pixar, the company's top brass have been largely silent about their feelings on the situation and Lasseter ...

Cartoon Brew
Malaysia Wants Goldman’s Money Back  Bloomberg

Also Lehman's bankruptcy, options mis-marking and Weinstein clauses.

Bloomberg
The Upside  Film Threat

In 2011 the comedic drama The Intouchables was released to great acclaim. After nine weeks in theaters, it became the second highest grossing film of all time ...

Film Threat
SMILF Season Two Is an Intimate Portrait of Womanhood, With an Unavoidable Asterisk  Vulture

A review of the second season of SMILF, the Showtime series created by and starring Frankie Shaw, as co-starring Rosie O'Donnell and Connie Britton.

Vulture
Is The Upside a remake? Based on a true story? Kevin Hart and director Neil Burger talk us through it  Metro US

“Once we had Americanized it I knew it would be a new thing. I just wanted to *service* the script. The French movie has its own way of doing it, but this story is ...

Metro US
Karlie Kloss oozes Parisian chic in navy beret while indulging in a spot of retail therapy  Daily Mail

The American supermodel oozed a Parisian chic as she donned a navy beret over her honey-hued hair ahead of her spending spree in the designer boutique.

Daily Mail
'I'm Not the Morality Police': Inside Benjamin Brafman’s Defense of Harvey Weinstein  Esquire.com

Editor's Note: On Monday, January 14, shortly after this story went to press, the New York Post reported that Weinstein and Brafman may be parting ways due to ...

Esquire.com
Netflix’s Oscars campaign for “Roma” is historically expensive  Quartz

The streaming *service* is spending more on its "Roma" Oscars campaign than it spent to make the film itself.

Quartz
After Months-Long Death Rattles, the Weinstein Company Is Officially Kaput  Vanity Fair

The Weinstein Company is officially dead. According to Variety, Texas-based private-equity firm Lantern Capital has closed a $289 million acquisition of the ...

Vanity Fair
David Tennant mortified to discover what the aubergine emoji really means  The Sun

The seemingly-innocent vegetable image can be used to symbolise a penis on social media.

The Sun
Which local Women's Marches are and aren't affiliated with the national group  The Jewish News of Northern California

Alyssa Weinstein-Sears and her husband, Joe, try hard to empower their 11-year-old daughter and teach her about being politically involved. “In the 2016 ...

The Jewish News of Northern California
Bob Weinstein to Leave Board of the Weinstein Company  The New York Times

The move ends the efforts of Mr. Weinstein, who founded the studio in 2005 with his brother, Harvey Weinstein, to retain a significant role while the company ...

The New York Times
The Weinstein Co. Bankruptcy Is Getting Weird  Hollywood Reporter

Yes, The Weinstein Co. bankruptcy was already weird. It's not every day that a company files Chapter 11 after dozens of women come forward to accuse the ...

Hollywood Reporter
Damning court docs show just how far Sacklers went to push OxyContin  Ars Technica

With the opioid epidemic raging, you may at this point be familiar with Purdue Pharma. It makes the powerful painkiller OxyContin and has been widely blamed ...

Ars Technica
The Weinstein Co. declares bankruptcy. Here’s what that means and what could be next.  The Washington Post

The production company of now-disgraced movie mogul Harvey Weinstein filed for bankruptcy Monday and released any Weinstein accusers from their ...

The Washington Post
Weekend Box Office Results: The Upside Sunny With Surprise $19.5 Million  Rotten Tomatoes

Just as Aquaman was poised to become the first film since Black Panther to rule the box office four weeks straight, a movie that has had to sit on the shelf for over ...

Rotten Tomatoes
Weinstein Company Declares a Winner in Its Bankruptcy Sale  The New York Times

LOS ANGELES — The Weinstein Company on Tuesday named a Dallas private equity firm as the winning bidder in its bankruptcy sale, spurning an offer by the ...

The New York Times
Lantern Finally Owns The Weinstein Company’s Remains – Now What?  TheWrap

The Weinstein Co. handed over the keys to its indie kingdom to Lantern Entertainment, including a slate of unreleased films and a handful of employees.

TheWrap
Weinstein Co. Sale Expected To Close Friday After Bankruptcy Court OKs Price Cut  Deadline

The sale of The Weinstein Company to Lantern Capital for $289 million is set to go forward Friday after a Delaware bankruptcy judge ruling.

Deadline
The Weinstein Co. And Lantern Agree On Final Price, Closing Date  Deadline

Lantern Entertainment and The Weinstein Co. have resolved the final sale price and closing date of their deal.

Deadline
How Paramount Is Trying to Dig Its Way out of Near Destruction  Vanity Fair

After letting Marvel and Jason Blum go, the studio is attempting to repair its damaged image.

Vanity Fair
Megyn Kelly, NBC officially split  Fox News

Megyn Kelly is officially done with NBC after months of negotiating.

Fox News
Hollywood Who’s Who Raise Objections To Weinstein Co. Sale  Deadline

Some of Hollywood's most prominent actors, directors, producers and writers are objecting to the sale of the Weinstein Company.

Deadline
Movies To Be Really Excited About In 2019  BuzzFeed News

From Captain Marvel to The Lion King, and Us to Pokémon Detective Pikachu, there are a lot of new films to be excited about this year. In chronological order!

BuzzFeed News
Weinstein Co. Accuses Unsecured Creditors of Sabotaging Lantern Sale  Variety

The Weinstein Co. has accused the unsecured creditors committee of seeking to sabotage the sale to Lantern Capital.

Variety
The Weinstein Co. Warns Of “Significant Risk” Sale To Lantern Capital Might Not Close  Deadline

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 ...

Deadline
The Weinstein Co. Sale To Lantern Capital Approved By Bankruptcy Judge  Deadline

A U.S. bankruptcy court has approved the sale of The Weinstein Company's assets to Lantern Capital, marking the final chapter for the film and television studio ...

Deadline
Weinstein Co. Sale to Lantern Capital Nearly Collapsed Amid Lawsuit Threats  Variety

The sale of the Weinstein Co. to Lantern Capital looked like a done deal in May. But according to a new filing in bankruptcy court, the parties subsequently had a ...

Variety
Planned Sale of the Weinstein Company Collapses Again  The New York Times

LOS ANGELES — The planned sale of the Weinstein Company collapsed yet again on Tuesday, when the investor group that had agreed to purchase the ...

The New York Times
Remains of the Weinstein Company sold -- to the only real bidder  CNN

The remains of the Weinstein Company, once a leading independent movie studio, are slated to be sold. After no serious bids emerged ahead of the Monday ...

CNN
Weinstein Co. Will File for Bankruptcy After Deal Talks Collapse  The New York Times

LOS ANGELES — The Weinstein Company said that it would file for bankruptcy following the collapse of sale talks with an investor group, extending the damage ...

The New York Times
Insiders Skeptical Of Howard Kagan’s Late Bid For The Weinstein Company  Deadline

Inclusion Media has been depicted in glowing terms in press reports this week for his quixotic pursuit of the assets of The Weinstein Company, even though the ...

Deadline
Weinstein Company Buyer Lantern Capital Hit With $110M Fraud Suit By Producer Marvin Peart; Claims Race Was Why He Was Iced Out Of Deal  Deadline

EXCLUSIVE: Marvin Peart accusing the firm of reneging on promises of millions of dollars in compensation for advising on the TWC deal and a board seat.

Deadline
The Weinstein Co., A+E at War Over How Harvey's Misconduct Impacts Deals  Hollywood Reporter

A+E says it would have never have licensed 'Project Runway' for Lifetime had it known the truth. In response, The Weinstein Co. pledges to go after A+E for ...

Hollywood Reporter
Brad Bird on 'Incredibles 2' and John Lasseter's Redemption  The Daily Beast

Diving back into the origins of The Incredibles, what it takes to pull off a successful sequel, the Lasseter saga, and the bleak, but necessary, future of original ...

The Daily Beast
Weinstein Co. Board Members Targeted in Racketeering Class Action  Hollywood Reporter

Bob Weinstein and other members of The Weinstein Company's board of directors have been hit with a new class action for allegedly facilitating Harvey ...

Hollywood Reporter
The Weinstein Co. Drops Purchase Price, “Creditors Feel Thrown Under The Bus”  Deadline

The Weinstein Co. agreed to reduce the price from $310 million to $287 million in order to close the sale.

Deadline
After 14 months of allegations and denials, Harvey Weinstein faces a pivotal day in court  CNN

It's been 14 months since the first allegations of sexual misconduct against Harvey Weinstein that sparked Hollywood's #MeToo movement. Now comes a ...

CNN
Jay-Z & Eminem Drop The Legal Mic On Weinstein Company Over Unpaid Deals  Deadline

It's about to be a bit of a hard-knock life for ailing The Weinstein Company, with Jay-Z and Eminem now going after the once muscular outlet. In filings late last ...

Deadline
Paramount Was Hollywood's 'Mountain.' Now It's a Molehill.  The New York Times

After decades of nearly slapstick mismanagement — spinning off TV and missing the internet — the studio behind “The Godfather” is fighting for its life.

The New York Times
Trayvon Martin's family claims Weinstein Company owes them $150,000  Sun Sentinel

The parents of Trayvon Martin claim The Weinstein Company is trying to weasel out of its obligation to pay them at least $150000.

Sun Sentinel
M. Night Shyamalan’s ‘Glass’ To Smash $105M+ Worldwide Over MLK Weekend  Deadline

Glass is looking at a $105 million-$120 million global box office start, inclusive of the four-day MLK holiday in the U.S..

Deadline
Deal for Weinstein Co., Seemingly Dead, Is Reached  The New York Times

After a meeting at the New York attorney general's office on Thursday, an investor group agreed to buy part of the beleaguered entertainment studio's assets.

The New York Times
How the Weinstein Company's Bankruptcy and Potential Sale Impact Victims  FRONTLINE

The Weinstein Company's bankruptcy and potential sale may create new hurdles for Harvey Weinstein's alleged victims who are seeking compensation from the ...

FRONTLINE
Anonymous Content Taps Weinstein Co.’s Whitney Dibo As Theater Scout  Deadline

Anonymous *Content* has hired its first theater scout, Whitney Dibo, the former director of development and acquisitions for The Weinstein Co.

Deadline
Viacom Objects To Weinstein Co.’s Settlement With Netflix  Deadline

Viacom is objecting to a proposed settlement between The Weinstein Co., its buyer, Lantern Entertainment, and Netflix, arguing the agreement would leave it ...

Deadline
The Weinstein Co.’s A Hot Property In Bankruptcy Court, Attracting 60 Potential Bidders  Deadline

The Weinstein Co., which tumbled into bankruptcy after failing to close an eleventh-hour sale to rescue the troubled company, is suddenly a hot property on the ...

Deadline
Harvey Weinstein’s contract gave him outs for harassment claims  New York Post

The Weinstein Co. lawyer lost her bid to keep the employment contract of studio co-founder Harvey Weinstein under wraps, but Karin DeMasi was spot on in her ...

New York Post
Weinstein Co. Creditors Fume About $23 Million Price Cut  Variety

The Weinstein Co. bankruptcy has gone relatively smoothly so far. But things are about to get heated, as the company agreed last week to cut its sale price by ...

Variety
Broadway Producer Howard Kagan Submits Bid For The Weinstein Co., Wins Support Of Women Who Brought Class Action Suit Against Harvey Weinstein  Deadline

A new bidder has emerged a day after bids formally closed: Inclusion Media, a media company founded the Broadway producer.

Deadline
Inside The Golden Globes: After HFPA’s ‘Green Book’ Rhapsody, Is This Oscar Race Still Wide Open?  Deadline

If you are looking for any tea leaves or clues from last night's Golden Globes in terms of what it means for Oscars, the answer is simple. This is, has been, and ...

Deadline
Weinstein Co. owes money to Malia Obama, Jennifer Lawrence and thousands more  USA TODAY

Harvey Weinstein's former company announced plans to file for bankruptcy this week.

USA TODAY
$500 Million Deal Saves Weinstein Company—but Harvey’s Reportedly Getting Nothing  Vanity Fair

After a stressful few weeks, a $500 million deal to save the Weinstein Company has officially been reached. Though it looked like the board was aggressively ...

Vanity Fair
It's Scold Season  Ricochet.com

“In a sort of ghastly simplicity we remove the organ and demand the function. We make men without chests and expect of them virtue and enterprise. We laugh at ...

Ricochet.com
Reese Witherspoon Vogue Cover: Activist, Advocate, Hollywood’s Moral Compass  Vogue

The first time Reese Witherspoon found herself suspended from school was in third grade, when she was caught running a custom-barrette business from her ...

Vogue
Enabling Harvey Weinstein's sex life was 'condition of employment,' New York attorney general says in lawsuit  The Washington Post

New York's attorney general on Sunday filed a civil rights lawsuit against Harvey Weinstein and his film company, accusing the disgraced Hollywood mogul of ...

The Washington Post
Judge Approves Weinstein Co. Sale to Lantern Capital  Variety

A Delaware bankruptcy judge on Tuesday approved the sale of the Weinstein Co. to Lantern Capital, a Texas-based private equity fund. The approval was ...

Variety
The Weinstein Co. Denies Responsibility in Lawsuit Brought by Alleged Assault Victim (EXCLUSIVE)  Variety

The Weinstein Co. and TWC U.K. are refusing to acknowledge any responsibility in the civil case brought by an alleged sexual assault victim.

Variety
Meryl Streep, George Clooney, Leonardo DiCaprio File Objections In Weinstein Co. Bankruptcy  Deadline

A Who's Who list of Hollywood celebrities have filed objections to the Weinstein Co. sale, saying they're owed money by the bankrupt studio.

Deadline
The Weinstein Company owes an insane list of people money  Quartz

The troubled movie studio is in debt to a lot of prominent people, from David Bowie to Dame Judi Dench.

Quartz
Before Harvey Weinstein’s Downfall, TWC Employees Cited ‘Sexual Harassment’ at ‘Extremely Volatile’ Company on Glassdoor  IndieWire

More than a year before Harvey Weinstein was first accused of sexual harassment, one employee of the Weinstein Company employee said that it was “the ...

IndieWire
The Weinstein Company: Judge Approves Lantern Capital’s Bid to Buy Bankrupt Studio  IndieWire

The Weinstein Company went into a Delaware bankruptcy court Tuesday for what they hoped was a swift formality — a sales hearing to uphold Lantern Capital ...

IndieWire
Trayvon Martin's parents file $150K claim against the Weinstein Company | TheHill  The Hill

The parents of Trayvon Martin, the black Florida teenager who was shot dead by George Zimmerman in 2012, have reportedly filed a claim against the ...

The Hill
Weinstein Co. staff still coming to work after bankruptcy filing  New York Post

"Some people are going in and looking for jobs [at other companies], some are going in to tie up loose ends on projects they had been working on before ...

New York Post
New Weinstein Company Owners Settle ‘Hotel Mumbai’ Rights Dust-Up  Deadline

'Hotel Mumbai' is soon to be free of the Harvey Weinstein co-founded company that Lantern Capital successfully bid for.

Deadline
Jay-Z and Eminem claim Weinstein Company owes them more than $800,000  The Guardian

In court filings, the rappers claim they were underpaid for projects including the Jake Gyllenhaal movie Southpaw and a forthcoming Trayvon Martin TV ...

The Guardian
Bankrupt Weinstein Company sold to Lantern Capital  Financial Times

The Weinstein Company has been sold to private equity firm Lantern Capital, bringing to an end the bidding war for the film and television studio that has been ...

Financial Times
Latest Bankruptcy Filings Reveal Extent Of Weinstein Co. Woes  Deadline

The latest filings in The Weinstein Co.'s bankruptcy case draw a clearer picture of the studio's legal and financial woes.

Deadline
Warner Bros. Rescues Lin-Manuel Miranda’s In the Heights from the Weinstein Company  Vanity Fair

When Harvey Weinstein's public profile went down in flames last fall, the Weinstein Company essentially went down with it. The disgraced producer's namesake ...

Vanity Fair
Lantern Capital: Meet the Unlikely New Stewards of The Weinstein Co.  Hollywood Reporter

The Texas firm — which has won approval to buy Harvey Weinstein's former company for $310 million — is run by Andy Mitchell and Milos Brajovic, who are ...

Hollywood Reporter
Lantern Capital Execs Meet With Weinstein Co. Employees In Los Angeles  Deadline

The Lantern Capital co-founders met for the first time today with the Weinstein Co. staff as they move closer to acquiring the assets.

Deadline
‘Project Runway’ Future in Doubt Amid Weinstein Co. Bankruptcy  Variety

A+E Networks has scrapped its deal with the Weinstein Co. to air two additional seasons of “Project Runway” in the wake of sexual misconduct allegations ...

Variety
The Weinstein Company’s future, explained  Vox.com

Former New York Attorney General Eric Schneiderman's lawsuit against the company is apparently ongoing.

Vox.com
Bob Weinstein's Office Packed Up as New Owners Take Over Weinstein Co.  Hollywood Reporter

The exec's departure marks the end of an era for one of the more dramatic chapters in Hollywood history.

Hollywood Reporter
Weinstein Co. Must Face Sexual Harassment Suit, Judge Rules  Bloomberg

Weinstein Co. must return to New York court to face a lawsuit by women who say the firm is responsible for alleged sexual misconduct by founder Harvey ...

Bloomberg
Weinstein Co. assets face unclear future under Lantern Capital  CNN

The Weinstein Co. produced too much *content* to completely disappear. But the name that once carried so much weight in Hollywood -- taken from brothers Bob ...

CNN
Weinstein Company Fires David Glasser, Its President  The New York Times

The move to get rid of the man the Weinsteins called their “third brother” comes at an urgent moment for the troubled company.

The New York Times
Meet the Hollywood Newcomer Who’s Poised to Take Over Weinstein Co.  Variety

Andy Mitchell's Lantern Capital is set to take over The Weinstein Co. — a daunting task for a Tinseltown neophyte.

Variety
Jay-Z and Eminem Say the Weinstein Company Owes Them Back Payment  SPIN

Both Jay-Z and Eminem have filed court documents alleging that the Weinstein Company owes them hundreds of thousands of dollars for unpaid work.

SPIN
The Weinstein Co. Names Ivona Smith New Board Member  Hollywood Reporter

The Weinstein Co., which is currently undergoing Chapter 11 bankruptcy proceedings, has appointed a new member to its board of directors — Ivona Smith of ...

Hollywood Reporter
Exclusive: The Weinstein Co creditors launch bid to protect collateral - sources  Reuters

(Reuters) - The Weinstein Company's creditors are seeking to provide a $25 million loan that would finance the U.S. movie and TV studio during its upcoming ...

Reuters
 

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The Weinstein Company - Wikipedia, la enciclopedia libre
The Weinstein Company - Wikipedia, la enciclopedia libre
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The Weinstein Company Wiki

The Weinstein Company LLC (usually credited or abbreviated as TWC) was an American independent film studio, founded in New York City by Bob and Harvey Weinstein in 2005. TWC was one of the largest mini-major film studios in North America prior to its financial troubles and eventual bankruptcy in February 2018. Founder and chief executive Bob Weinstein previously owned a small stake in the company.The company dismissed joint founder and chief executive Harvey Weinstein in October 2017, after over 100 women came forward to accuse him of sexual harassment, assault or rape.On February 26, 2018, The Weinstein Company announced in a statement that it would declare bankruptcy following the collapse of a buyout deal with an investor group led by Maria Contreras-Sweet, the former head of the Small Business Administration under President Barack Obama. However, in a surprising turn, the TWC board and the investor group confirmed on March 1, 2018, that they had reached a deal in which TWC would sell all of its assets for US$500 million. On March 6, 2018, the acquisition deal collapsed again after the studio had an extra debt of US$50 million revealed. The company filed for Chapter 11 bankruptcy on March 19, 2018. On May 1, 2018, Lantern Capital emerged as the winner of the studio's bankruptcy auction. On July 16, 2018, it was announced that The Weinstein Company has shut down and its assets were sold to the newly created Lantern Entertainment.