Tuesday, July 10, 2018

Business: Tarantino Blocking Bankruptcy Sale of Weinstein Company

The beleaguered studio is trying to finalize a deal with Lantern Entertainment, but the site reports that the “Kill Bill” director has filed papers demanding that the sale be halted until he receives over $4 million in unpaid royalties from the Weinstein Co.
Tarantino claims he’s due the cash for “Django Unchained,” “Inglourious Basterds,” “Hateful Eight” and “Grindhouse: Death Proof.”
The original sale of the bankrupt company was set at $310 million, then reduced to $287 million.
It has yet to be approved by the bankruptcy judge.
Page Six reported in June that staff at the company are still being paid, but remain in a painful limbo.
Speaking to the New York Times about the sexual misconduct allegations against company boss Harvey Weinstein, in October, Tarantino said, “I knew enough to do more than I did. There was more to it than just the normal rumors, the normal gossip. It wasn’t secondhand. I knew he did a couple of these things.”

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