Wednesday, March 7, 2018

Buyers Of Weinstein Company Back Out Of Deal After Discovering Millions More In Debt

"Three sources close to the investor group, led by former Obama administration official Maria Contreras-Sweet, said Tuesday that it found at least $50 million in undisclosed liabilities on the New York company's books. The surprise debts, which would have significantly increased the purchase price of the assets, torpedoed negotiations."



Article source here:Arts Journal

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Academy Decides Not To Bar Streaming Movies From Oscars

The board of governors of the Academy of Motion Picture Arts and Sciences “left intact Rule Two, the one that established that a film” — in...