Weinstein Company files for bankruptcy

12:56 • 20.03.18

Harvey Weinstein's former company has filed for bankruptcy, months after the Oscar-winning producer was accused of multiple sexual assaults.


The move by the Weinstein Company is intended to facilitate a buy-out offer from a private equity firm.


The film and TV studio also said it was releasing any victims of Mr Weinstein's alleged misconduct from non-disclosure deals stopping them from speaking out.


Mr Weinstein, 66, insists sexual relations he had were consensual.


He was fired as chairman of the Weinstein Company last October when the allegations were first reported.


Once a powerhouse of the entertainment industry, the company will be known as the first high-profile firm that went into bankruptcy as a direct result of workplace sexual misconduct, the BBC's Nick Bryant in New York reports.

 

Weinstein Company files for bankruptcy