October 13, 2017

THE DAM HAS BURST: The Weinstein Co. Nears The Brink As Agencies Cut Off Talent Supply.

Agents did not want to be on record, but reactions ranged from not wanting to risk the wrath of clients in the event of more fallout by putting them into TWC projects, and others said that if there was evidence of Weinstein benefiting directly or indirectly in projects, the agencies wanted no part of it. They felt even a re-branded company will carry a tarnish, and hoped that projects would be sold off. This wasn’t unanimous; at least one said that if Bob Weinstein and Glasser could change the messaging, and make it clear that Harvey Weinstein’s indiscretions were not in fact covered up, forgiveness could come over time.

But with a splintered board of directors and financiers that were already upset that a TV sale to ITV got derailed in the wake of that NYPD investigation that focused on Harvey Weinstein but didn’t yield charges, with another live sale prospectus possibly harmed by these latest allegations, does TWC have that time? We have heard that some financiers are already poring over the list of plum projects they might pry loose. And agents are looking for outs for their clients on projects that are percolating.

Who wants to work for a company where one of the founding partners had a sexual harassment clause in his contract?

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