The future looks grim for The Weinstein Company. They were reportedly trying to stay afloat after Harvey’s numerous sex scandals by getting a loan from Fortress Investment Group. It appears that “talks have stalled” and Fortress might be pulling out of the deal. Probably because giving a loan to the TWC would be sort of like throwing huge amounts of cash into a dumpster fire considering TWC’s current financial state. (Is this so they can avoid giving Harvey back his probably-horrific file from HR?)
The chances of a deal getting done have recently slid to “roughly 50 percent” as Fortress weighs the risks of extending $35 million in rescue financing to TWC following the sex scandals that have engulfed co-founder Harvey Weinstein, according to a source close to the talks.
A source tells the Post that the loan is “is not definitely happening.” And without a vital infusion of cash, financial sources say, TWC would probably have to file for bankruptcy. In other, much more gratifying news, People reports that the Beverly Hills PD released statements last night confirming that they are investigating Harvey, 65, and Two Girls And A Guy director James Toback, 72, on “multiple complaints.”
You’re probably way too familiar with Harv’s alleged crimes. Toback has been accused by over 300 women (!!!) (including Julianne Moore, Rachel McAdams, and Grey’s Anatomy actress Caterina Scorsone) of delightful behavior including “masturbating in front of women, touching them and propositioning them during business meetings.”
The Beverly Hills PD joins the “LAPD, NYPD and also U.K. police” in having opened case files on Harvey. Both Weinstein and Toback deny that they engaged in any non-consensual sexual behavior.
... spill TEA....
Easy on Shade
#jaiyeorie
0 Comments