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09th Oct 2017

Harvey Weinstein has been sacked from his own movie production company

The decision was made in light of last week's revelations.

Rory Cashin

The decision was made in light of last week’s revelations.

Late last week, Hollywood mogul Harvey Weinstein was accused of a series of sexual harassments and assaults by a number of women over a number of decades. The majority of the accounts can be found here.

Despite somewhat apologising for these actions, Weinstein has still threatened to sue The New York Times, which was the publication that initially laid out the claims against him.

In the days following the story breaking, Harvey had taken a leave of absence from the production company, but today it was officially announced by The Weinstein Company that he was being fired from the company outright, “in light of new information about misconduct by Harvey Weinstein that has emerged in the past few days.”

Harvey and his brother Bob had been co-founders of Miramax back in 1979, and continued to run the company after the acquisition by Disney in 1993.

Then in 2005, the brothers sold their share of the company to Disney – who then sold on Miramax elsewhere – and together they set up The Weinstein Company.

Harvey and Bob reportedly owned 43% of the company combined, but in the last few days, three members of the TWC board – including billionaire investor Dirk Ziff – have resigned from the company.

Additionally, while The New York Times broke the original story, the New Yorker are set to release an article on the story any day now, with many speculating it will involve even more allegations against him.

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