Weinstein Co. Closes Sale to Lantern for $289 Million | THR News

Weinstein Co. Closes Sale to Lantern for $289 Million | THR News

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Business, Architecture, Performing Arts

University

Hard

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The Weinstein Company, founded by Harvey and Bob Weinstein, faced financial struggles despite Oscar wins. Allegations against Harvey led to bankruptcy, and Lantern Capital acquired the company. The Weinsteins had a history with Disney, leaving after disputes. TWC produced hits but also faced financial issues. Scandals further damaged Harvey's reputation. Lantern Capital aims to revitalize the company, with several unreleased films pending distribution.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the intention behind the establishment of The Weinstein Company?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What films were mentioned as part of The Weinstein Company's successful productions?

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