Weinstein Co will declare bankruptcy after sale collapses

Agencies
February 26, 2018

Los Angeles, Feb 26: Weinstein Co, the studio co-founded by Harvey Weinstein, will file for bankruptcy protection following the USD 500 million deal to sell the company collapsed, the company's board of directors said.

The decision came after the board was unable to revive a deal to sell the struggling studio to an investor group led by Maria Contreras-Sweet, who ran the Small Business Administration under President Barack Obama from 2014 to 2017, reported Variety.

The board of the company released a letter, in which it made clear that it was in dire need of operating cash. "Based on the events of the past week, however, we must conclude that your plan to buy this company was illusory and would only leave this Company hobbling toward its demise to the detriment of all constituents.

Despite your previous statements, it is simply impossible to avoid the conclusion that you have no intention to sign an agreement much less to close one and no desire to save valuable assets and jobs," the letter stated.

The sale was close to being announced exactly two weeks ago, when New York Attorney General Eric Schneiderman stepped in and filed a suit accusing the company of enabling Weinstein's sexual abuses. The lawsuit scrambled the deal, creating the possibility of an outside monitor or other intrusive provisions.

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News Network
May 19,2020

Washington, May 19: Actors Brian Austin Green and Megan Fox are going their separate ways after 10 years of marriage.

According to The Hollywood Reporter, 46-year-old Green, on Monday announced the news during an episode of his podcast 'With Brian Austin Green' where he emotionally opened up about the breakup with Fox.

The 'Beverly Hills 90210' star revealed that they simply grew distant at the end of last year while Fox was away shooting a film.

Green recalled Fox saying during the conversation they had after she returned from filming, "She said, 'I realised when I was out of the country working alone that I feel more like myself, and I liked myself better during that experience and I think that might be something worth trying for me.'"

Though feeling "shocked" and "upset" at first, Green admitted that he couldn't be upset with her for being honest.

He said, "Neither one of us did anything to each other. She's always been honest with me. I've always been honest with her. We've had an amazing relationship. I will always love her. And I know she will always love me and I know as far as a family what we have built is really cool and really special."

The 'Impact Point' star shared that they intend to "still do family vacations and holidays as a family and really make that a focus for the kids."

Green went on to say that it's hard to adjust to the change and he doesn't want himself and Fox to "be at odds": "She's been my best friend for 15 years and I don't want to lose that."

He added: "There's this sense of loss of, 'How do I go on with this big part of my life that I've always known and loved and shared changing?' What does that landscape look like? What does that life look like?' ... Megan and I talked a lot about it, and it's a big concern for both of us." Aware of the scrutiny around their age difference, Green defended Fox, saying "she's really a responsible person. ... She really loves the kids and cares about what their life and their experience is."

The couple share three children together 7-year-old Noah, 6-year-old Bodhi, and 3-year-old Journey, and Green said that they are only concerned about controlling how the separation will truly affect their children.

After photos circulated online of Fox and Machine Gun Kelly, whose real name is Colson Baker, hanging out -- Fox and Baker are co-stars in the upcoming film, 'Midnight in the Switchgrass,' Green said Fox and Baker are "just friends at this point."

He said, "She met this guy, Colson, on set. I've never met him. Megan and I have talked about him. I trust her judgment; she's always had really good judgment."

Green emphasised that despite what tabloids can say, he didn't want the public to categorise Fox and Baker as "villains or that I was a victim in any way."

Fox and Green started dating in 2004 and married in 2010. Fox had filed for divorce from Green in 2015, but the couple later reconciled.

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Agencies
January 16,2020

Washington D.C., Jan 16: Barbara Broccoli, who has since long been the producer of the James Bond franchise, recently clarified in an interview that the 007 character won't be played by a woman in the forthcoming rendition.

Broccoli, accompanied by her half brother and fellow producer Michael G. Wilson, told Variety: "He can be of any color, but he is male."

She went on to say: "I believe we should be creating new characters for women -- strong female characters. I'm not particularly interested in taking a male character and having a woman play it. I think women are far more interesting than that."

According to Fox News, the current Bond hero, Daniel Craig, announced last November that he would cease to play the legendary character once he is done with the upcoming 'No Time To Die' movie that is scheduled for release in coming April.

Commenting on Daniel parting ways with the franchise, Broccoli said: "I'm in total denial. I've accepted what Daniel has said, but I'm still in denial. It's too traumatic for me."

Fox News reported last July that the British Actress Lashana Lynch could possibly star in the 2020 Bond flick, but such speculations were dispelled once the trailer for the movie was brought out last December.

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News Network
March 11,2020

Mar 11: The shooting of Radhe: Your Most Wanted Bhai has been completed, and the film will now release on schedule.

If one recalls, the film went on the floors in the first week of November 2019 and was supposed to be Salman’s fastest completed film. However, the movie faced a variety of roadblocks — It was first to be wrapped in the first week of February, “But Salman went off to his Panvel farmhouse after the release of Dabangg 3 and spent a while there ushering in his birthday,” a source reveals.

“Then, the extension of the show Bigg Boss 13 by five weeks also turned out to be another speed breaker. Then, Salman wanted to make sure that the film was being made as good as what his audiences wanted on Eid. He made sure that his director Prabhudeva got what he wanted from the performers and didn’t want to rush him.

"Additionally, the Azerbaijan schedule of the film also got cancelled as Salman did not want to take any chances with the cast and crew with the lurking Covid 19, and rescheduled the shoot in India. This is now complete, barring any patchwork that might emerge later,” our source adds.

Radhe is slated to be an Eid release, which will clash with Akshay Kumar’s Laxmmi Bomb.

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