Harvey Weinstein: 'Business as usual' at Weinstein Co, brother insists

 

Harvey Weinstein's brother, Bob, has denied media reports that the film production company they co-founded could be closed or sold.

"Our banks, partners and shareholders are fully supportive of our company," he said in a statement. "Business is continuing as usual."

The company fired Harvey Weinstein on Sunday amid a slew of sexual harassment allegations.
The claims have prompted police investigations in both the US and UK.

On Friday, the scandal surrounding Weinstein - who produced films including Pulp Fiction, Shakespeare in Love and Crouching Tiger, Hidden Dragon - deepened when he was accused of rape by US actress Rose McGowan.

He was already facing claims of rape, sexual assault, groping and harassment.

Weinstein, who is believed to be in Europe seeking therapy, has insisted through a spokeswoman that any sexual contacts he had were consensual.

Since the avalanche of claims began, the company has been trying to disassociate itself from its co-founder and save the business, reports say, with efforts made to buy Harvey Weinstein out, rebrand and keep creative partners on board.

But reports in the Los Angeles Times said that financers had begun to pressure the company to sell and potential buyers were circling.

The Wall Street Journal also reported the company was "exploring a sale or shutdown" and was "unlikely to continue as an independent entity".

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