Wednesday, 18 July 2018
Latest news
Main » Z Might Buy Harvey Weinstein's Shares in the Weinstein Company

Z Might Buy Harvey Weinstein's Shares in the Weinstein Company

12 October 2017

According to TMZ, JAY-Z is talking with his team about the potential of picking up Harvey's 23 percent stake in the Weinstein Company.

The situation escalated on Tuesday, when the New Yorker dropped a shocking investigative report that alleged Weinstein sexually assaulted multiple women.

He had been fired from his company in the wake of the scandal.

More news: Syrian FM says United States coalition sparing IS in Syria

AI International Holdings reportedly want the cash back from The Weinstein Company - who sacked the Hollywood producer last weekend following claims he has sexually harassed a number of employees for nearly three decades - because the situation has changed since they fronted the loan a year ago. They also produced The Kalief Browder Story alongside the performer and are working on a Trayvon Martin miniseries.

Both outlets indicate that police left shortly after arriving when it was determined that it was merely a family argument.

The Hollywood heavyweight has been accused of sexual misconduct by several actresses - including Angelina Jolie, Heather Graham, Cara Delevingne and Ashley Judd this week.

More news: Pitt Greensburg students react to former classmate's murder charges

We now learn that Jay-Z has some interest in getting in on the film industry even more by taking Harvey's place.

In his response to the initial allegations, Weinstein apologized for his behavior and misquoted JAY-Z. "Jay Z wrote in 4:44 'I'm not the man I thought I was, and I better be that man for my children.' The same is true for me", he said. Perhaps its on a song that never got released.

More news: Analyst Upside Underscores Impressive Growth for Lloyds Banking Group plc (NYSE:LYG)