Bob Weinstein, CEO of The Weinstein Company, has finally denied all the reports that stated his company is up for sale or being shut down amidst the wave of sexual assault claims made against ousted co-chairman Harvey Weinstein.
Bob released a statement on Friday, which read, "Our banks, partners, and shareholders are fully supportive of our company and it is untrue that the company or board is exploring a sale or shutdown of the company," according to The Hollywood Reporter.
He also shared that his company still plans to release their upcoming movies, which include 'Polaroid', 'Paddington 2' and he Robert De Niro comedy 'War with Grandpa' on their previously announced dates.
"Polaroid is moving forward as planned with a release date of Nov. 22 followed by 'Paddington 2' on Jan. 12. The first Paddington grossed over USD 75 million and we expect even greater success for 'Paddington 2'. Test screening scores are through the roof.
'War with Grandpa' starring Robert De Niro is scheduled for February 23, 2018. Business is continuing as usual as the company moves ahead," the statement read.
Though, the movie that was not mentioned in his statement was Benedict Cumberbatch starrer 'The Current War'.
Following reports about Weinstein's sexual harassment and assault against women, talent have begun to separate themselves.
Today, Amazon scrapped Julianne Moore and Robert De Niro's 160 million-dollar The Weinstein Co.-produced drama and taken over Matt Weiner's 'The Romanoffs'.
The award winning actors were teaming up with noted director David O. Russell for the pricey drama.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
