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Weinstein studio to file for bankruptcy as investors stop funding

Weinstein Co blamed a group of investors led by Maria Contreras-Sweet, who ran the Small Business Administration from 2014 to 2017, for the collapse of a $500 million bid

Harvey Weinstein
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Harvey Weinstein

Anousha Sakoui & Tiffany Kary | Bloomberg
The global #MeToo movement that Harvey Weinstein unwittingly kicked off is now claiming the company he founded, the Weinstein Co.

The Los Angeles-based film studio will file for bankruptcy after failing to secure funding from investors, according to a copy of a letter provided by the company on Sunday. The demise of the 13-year-old studio follows accusations by dozens