Female Investors Express Interest in Weinstein Company

By: Brook Barnes

LOS ANGELES — Two female-led investor groups are lining up to save the Weinstein Company, which has been straining to avoid bankruptcy since dozens of allegations of sexual harassment and rape were made against co-owner Harvey Weinstein.

Throwing a lifeline to an entertainment company that has become a symbol of the systemic mistreatment of women in Hollywood would seem like the last thing that feminists like Gloria Allred and Ana Oliveira, chief executive of the New York Women’s Foundation, would be interested in doing. But each is involved with a group holding separate acquisition talks with the embattled Weinstein Company — with the aim of benefiting sexual misconduct victims.

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SOURCE: New York Times

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