Developing - Weinstein Company filing (restructuring) bankruptcy.

[Zephyrs]

Weinstein Company’s 363 Bankruptcy Filing Tonight In Philadelphi..
The Weinstein Co. Declares Bankruptcy – Variety

Important note: This is not a going out of business bankruptcy. This is restructuring maneuver. Do not believe sensationalist bullshit saying otherwise.

TL;DR Company is filing a modified restructuring bankruptcy to partition bad assets off. Not that many specifics as of yet. It's possible that this is being done partially to shield the corporate entity from lawsuits by blacklisted actors. Expect more developments, but approach everything with a high amount of skepticism. Most articles on this are riddled with factual errors concerning how bankruptcy proceedings work.

[Hail Satan]

I'm expecting the company to change their name if they survive

[sir whoopsalot]

Sticking with the same name isn't even an option.

[normanlamont]

they could always go into the rohypnol industry

[27X]

There's no possible about it; four actresses currently have fully spooled up lawsuits pending right now, naming both Weinstein and company at large due to employees and ex-employees colluding to end their careers, and that list could potentially grow to as many as thirty people currently employed in SAG and at least forty more beyond that, should they all decide to take legal action separately or together.