Weinstein Co. Denies It’s Up for Sale or Shutting Down

The Weinstein Co. on Friday denied reports that it was up for sale or being dismantled in the wake of its co-founder Harvey Weinstein’s escalating sexual-assault scandal. “Our banks, partners and shareholders are fully supportive of our company and it is untrue that the company or board is exploring a sale or shutdown of the company,” Bob Weinstein said in a statement. He emphasize that the company plans to continue as with several projects: “Polaroid is moving forward as planned with a release date of November 22 followed by Paddington 2 on January 12. The first Paddington grossed over $75 million and we expect even greater success for Paddington 2. Test screening scores are through the roof,” he boasted. “Business is continuing as usual as the company moves ahead.”