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Harvey Weinstein's brother insists 'business is continuing' amid scandal [ABC News]

ALTABA INC (AABA)  More Company Research Source: ABC News
US:NASDAQ Investor Relations: altaba.com
PDF 0 Shares Email Bob Weinstein, co-chairman of The Weinstein Company, told ABC News in a statement Friday that the studio remains unaffected by the scandal involving his older brother, Harvey Weinstein. Though the Wall Street Journal reported that the production company was likely to be shuttered or sold, Bob Weinstein insists that that information is false. Their current focus is on three upcoming films: Polaroid, which will be released Nov. 22; Paddington 2, which comes out Jan. 12; and War With Grandpa, which is scheduled for Feb. 23, he added. Accusers share their stories of Harvey Weinstein's alleged advances TEXT Our banks, partners and shareholders are fully supportive of our company and it is untrue that the company or board is exploring a sale or shutdown of the company, Weinstein said. Business is continuing as usual as the company moves ahead. The Weinstein Company has been under increased scrutiny for the past [Read more]

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