Former Obama official purchases The Weinstein Company

[CousinIT]

https://www.salon.com/2018/03/02/former-obama-official-purchases-the-weinstein-company/

Maria Contreras-Sweet reveals plan to usher in a majority-women leadership team

ess than a week ago, The Weinstein Company announced it would have to declare bankruptcy – a reality the film and TV company has now avoided thanks to a deal spearheaded by Maria Contreras-Sweet, who was a senior official in former President Barack Obama's administration. New York Attorney General Eric Schneiderman confirmed the sale of the company, which includes an $80 million compensation fund for Harvey Weinstein's alleged victims of sexual abuse and harassment.

Link to tweet

"Our office will support a deal that ensures victims will be adequately compensated, employees will be protected moving forward and those who were responsible for misconduct at TWC will not be unjustly rewarded," Schneidermann said in a statement.

The future of The Weinstein Company seemed futile, amid the flood of sexual misconduct allegations against its co-founder, Schneiderman's lawsuit against the company and after an earlier bid collapsed. But Contreras-Sweet, who ran the Small Business Administration during Obama's tenure, anchored by billionaire investor Ronald Burkle, returned to the table and reached a deal with the company on Thursday.

"The deal provides a clear path for compensation for victims and protects the jobs of our employees," The Weinstein Company board said in a statement. "We consider this to be a positive outcome under what have been incredibly difficult circumstances."

[FarCenter]

1. Harvey's lawyer claiming that the crime was prostitution, not rape

STASI: Harvey Weinstein’s disgusting lawyer blames the victims on the eve of Hollywood’s biggest night

On the eve of the Oscars, shameless — and successful — defense attorney Benjamin Brafman, lawyer for Jabba the Harvey Weinstein, peddled such a load of horse---t about his client to The Times of London that he could fertilize every farm in Britain.

Among the more offensive and truly disgusting things Brafman said in defense of the indefensible?

“If a woman decides that she needs to have sex with a Hollywood producer in order to advance her career and actually does it and finds the whole thing offensive, that’s not rape. You made a conscious decision that you’re willing to do something that is personally offensive in order to advance your career.”

http://www.nydailynews.com/news/national/stasi-weinstein-lawyer-blames-victims-eve-oscars-article-1.3853123

[whathehell]

2. "a majority women leadership team'..Yes!

That's an impressive, much needed advance for the film industry. :

[mopinko]

3. i hope some of that compensation to victims comes in the form of

a chance to make movies w them.
imagine all those women chased out of the bizz getting a second chance.
imagine the movies they could make.

now imagine the whole world groks what happened.