New York Post

Glasser out at TWC

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Less than a week after his presence as a top executive of the embattled Weinstein Co. helped de-rail a sale of the nearbankru­pt studio, David Glasser is toast.

The company has fired the 46-year old studio president and chief operating officer for failing to act when employees complained about the alleged abusive behavior of co-founder Harvey Weinstein.

It was not immediatel­y known if Glasser’s ouster would re-kindle talks between a bidding group led by Maria Contreras-Sweet and The Weinstein Co. board.

The Post reported first last Sunday, based on sources familiar with the situation, that the Contreras-Sweet group backed away from a near certain $500 million acquisitio­n of TWC because New York Attorney General Eric Schneiderm­an was insisting on placing a monitor on the studio’s board.

Schneiderm­an’s suit claimed Glasser was a major reason employees rights were allegedly violated — and the law man feared Glasser would be name CEO.

Hours after the group led by Contreras-Sweet, the head of the Small Business Administra­tion under President Obama, backed away from the deal Schneiderm­an sued the studio — and Harvey Weinstein and his brother, Robert — for failing to protect the rights of its workers from Harvey Weinstein’s alleged abusive acts.

During the week, Contreras-Sweet and Schneiderm­an were said to be ready to start talks to clear the way for a possible sale.

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