Harvey Weinstein Fired from his Own Film Company after Sexual Harassment Scandal
The Hollywood Film Producer Harvey Weinstein has been fired from his independent film company that he co-founded and catapulted to Oscar glory, felled by a mushrooming sexual harassment scandal that has hobbled his status as a media mogul and left his future in Hollywood in jeopardy.
The Weinstein Company’s Board of Directors has voted to remove Harvey Weinstein from the studio, leaving control of the Weinstein Company in the
hands of Harvey Weinstein’s brother, Bob Weinstein, and Chief Operating Officer David Glasser, it was announced in a statement from the Weinstein Company on the 8th of October.
“In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days, the directors of The Weinstein Company – Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar – have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately,” the statement reads.
Harvey Weinstein has been rocked by a devastating New York Times report documenting decades of legal settlements stemming from sexual harassment allegations leveled by former employees and associates, as well as accusations of improper sexual advances from actress Ashley Judd.
The allegations extend back to Weinstein’s days running Miramax, an independent film studio that was then owned by the Walt Disney Co. It is a
stunning fall from power for the mogul, whose tenacity and ruthlessness put him at the nexus of Hollywood, Wall Street, and the Beltway.
Not just a Movie Producer, Harvey Weinstein was also a Political Player and a major force in New York City and Hollywood’s cultural and corporate life.
Harvey Weinstein did not agree to leave the company, and there is no financial settlement in place, according to an insider. He has been fired for cause after the board met on Oct 8. Harvey Weinstein controls roughly 20% of the Weinstein Company.
On Oct 8, British freelance writer Liza Campbell said Weinstein asked her to jump in a bath with him when she showed up to his hotel for a business
meeting. However, he quickly found himself without support in the entertainment industry, Weinstein’s accusers were condemning Weinstein
completely. Harvey Weinstein has been a major force in independent film for decades, helping bring art house movies such as Cinema Paradiso and The Crying Game to mass audiences, and propelling the likes of Pulp Fiction and Shakespeare in Love to commercial success and awards glory. – Reuters.