dickie (snortingcoke) wrote in ohnotheydidnt,
dickie
snortingcoke
ohnotheydidnt

Weinstein Company faces bankruptcy




-trying to find a distributor in the US for Paddington 2
-has been negotiating possible $20 million to $35 million bridge loan that would enable the company to meet its payroll obligations but this looks unlikely
-insiders say the Weinstein Co. is saddled with as much as $500 million in debt and obligations
-have defaulted on a $45million loan because of Harvey's scandals as this constitutes as a breach of contract

source
Tags: ben whishaw, film, scandal, that escalated quickly
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