Texas-based Lantern Capital acquired the Weinstein Company, the Weinstein Brothers Company, which they founded in 2005 and produced many successful films, many of whom eventually became Oscar nominees and laureates. As Variety writes, the deal became known on Monday, July 16. The Weinstein Brothers Company was sold for $ 289 million.
Now Lantern Capital will monitor the work on 277 pictures and television programs that Weinstein Company was engaged in. In particular, the new owners have to decide the fate of several unreleased paintings: among them - a remake of the French comedy "1 + 1" with Brian Cranston and Kevin Hart, as well as "War of the Currents" starring Benedict Cumberbatch.
How the company will develop, it's not clear yet. The new owners reported only the change of name Weinstein Company to Lantern Entertainment and the opening of offices in New York, Dallas and Los Angeles.
For 13 years of existence, Weinstein Company has produced such films as "King says! "," Inglourious Basterds "," Vicky Cristina Barcelona "," Artist "," My Guy is a Psycho "and" Django Liberated ". Problems began in October last year - after dozens of women accused Harvey Weinstein of sexual harassment. The company's reputation suffered, and it was decided to sell it.
Now the police are investigating allegations against the producer. He himself is at large: Weinstein was released on bail of $ 1 million and ordered to wear an electronic bracelet, as well as not to leave the state of New York and neighboring Connecticut. The prosecutor denies all charges against him.