Monday, October 9, 2017

Movie Biz: Harvey update, No More "Weinstein" in company name


-theWrap First take
The Weinstein Company is set to change its name after the firing of disgraced chief executive Harvey Weinstein, TheWrap has learned.
An individual with knowledge of the company said the Weinstein name has been irretrievably tainted by the scandal, which led to the departure of one of the most iconic moguls in modern-day Hollywood.
“TWC will need a new name,” the individual told TheWrap, adding that the decision has not been formally made but has been discussed by the board members and is expected to happen.
Bob Weinstein, Harvey’s younger brother and co-Chairman, has stepped in with COO David Glasser to run the company in the interim. Glasser seems to be the most likely pick to be CEO in Harvey Weinstein’s place, as he has been the executive’s deputy for a decade and was lured back after leaving over a contract renewal dispute two years ago.
Bob has mainly focused on running Dimension, The Weinstein Company’s genre division.

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