Weinstein Co. sale completed
Harvey Weinstein’s one- time production On Monday, its new owners confirmed they had concluded the purchase of The Weinstein Company and introduced its successor, Lantern Entertain
The Weinstein Company was sold to Lantern Capital Partners for a reported $ 289 million in a deal finalized nine months after Weinstein’s career went into free- fall over explosive allegations of sexual
The sale amounts to more the originally reported price
“Today, we turn the page to begin anew,” said Lantern Entertainment co- presidents Andy Mitchell and Milos Bra
The new company, they said, would be “anchored by creativity in a meritocracybased culture” and across all disciplines, they were “extremely motivated to become a forward- thinking force in
Last Thursday, The Weinstein Company announced that four of its five board members would step down upon the closing of the sale, including Weinstein brother
The sale gives Lantern a li which generated more than $2 billion at the box office worldwide, as well as a television business that includes the hit reality fashion series,
Among the film titles are Oscar winners “The King’s Speech” and “The Artist,” as well as “Inglourious Basterds,” “Silver Linings Playbook” and
Its unreleased feature films include “The Upside,” starring Bryan Cranston and Nicole Kidman and “The Current War” with Benedict Cumber-
Lantern Entertainment, with offices in Dallas, Los Angeles and New York, said it was committed to being a culture of “diverse professionals who will operate with the absolute highest level of ethics and
Lantern Capital, a Texas was the winning bidder when The Weinstein Company was
Weinstein’s career imploded in October in a blaze of accusations of sexual misconduct and abuse from dozens of women that triggered a major reckoning about harassment in the workplace and the
He is now fighting six counts of sexual assault and rape in New York, and risks a maximum sentence of life imprisonment if put on trial and convicted of the most serious