CLAPPING IN THE DARK
powerhouse compares dealing with we do. (Weinstein said) that he would push the ‘atomic button’ if we were not assigning to TWC our rights for a very, very reasonable price.”
According to de Lummen, Weinstein struck a deal with the family of the late designer to pay $400,000 to take over the brand for two years, with an option to buy afterwards. But that didn’t include Luvanis’ trademark rights. “He pushes you to surrender because of expanding legal fees, and you have to accept the transaction Weinstein wants you to sign,” said de Lummen, who claims that Weinstein told him he was willing to spend $1.5 million in court costs. But in 2016, Weinstein reportedly gave up his fight. De Lummen, who has since reached a deal with James’ family, now plans to sell the Charles James label early next year after a
movie and a biography about the designer are due to be released.
“He quietly exited, probably because he realized that buying those rights would be more costly than expected,” de Lummen said. By the time it was over, de Lummen said his company spent $250,000 defending itself.
De Lummen also felt that details of the legal battle saw little media coverage because so many outlets didn’t want to “hurt Weinstein.”
Reps for Weinstein declined to comment. when was in the spotlight and sat in the crowd for The Boss’ Broadway show at the Walter Kerr Theatre this week. Also in the house to see and hear Springsteen tell stories and play tunes were and 970 other fans. Springsteen’s residency has 17 weeks to go.