Studio brothers Vistanow want to sell for $ 500 million : In the World : Vladim

News 5 January, 2018

Soon the Studio founded by the Weinstein brothers, can pass into the hands of a new owner. Amount of transaction can be expected to be more than $ 500 million.

 

The sale of offspring, a suspect in the sexual assault Harvey Weinstein, the conversation went immediately after charges. Initially, the Board of Directors of The Weinstein Company fired the President. The reason for this decision were the accusations to Harvey and the refusal of investors to work with the company. The media even reported that the Board of Directors to change the name of the Studio.

Negotiating the purchase/sale of the Studio are already in the final stage. Assume that potential bidders it will cost $ 500 million. All rights to the products will pass to the buyer.

Profits from the sale will go directly to the manual. Approximately half of the profits will be spent on debt repayment. The fate of the second half are not yet known.

Journalists report that a possible the next owner of The Weinstein Company could become another Studio Lions Gate Entertainment. In addition to her other buyers: Killer Content, Vine Alternative Investments, Shamrock Capital Investments.

Was once a much more offers on the purchase invoice. Most of them applied only to certain products the Studio of some TV shows or movies. The leadership wants to sell it completely.