On Sunday October 8, 2017, the Weinstein Company fired its co-founder Harvey Weinstein after an investigation by the New York Times uncovered allegations that he had engaged in rampant sexual harassment and possibly assault and rape. Mr. Weinstein was a renowned movie producer who had shaped the future of the American film industry and moved in the rarified air of national politics as an accomplished fundraiser. Mr. Weinstein had that rare kind of industry power which could make or break a movie or an actresses’ career. Mr. Weinstein has not helped his on cause as he has swung wildly between his own contrition and attacking his alleged accusers. In an era of social media, these accusations have added fuel to the #Me Too movement which focuses the spotlight on sexual harassment and assault in Hollywood, the private sector and government. For his part Mr. Weinstein is quoted as denying many of the allegations as patently false. “Many” is an interesting choice of words as it has now come to light that there are over thirty female accusers, many of whom were young and propositioned with the lure of a role in one of his movies won many Oscars and made their leading ladies A-list stars in Hollywood.
How did this objectionable behavior remain in the dark for over three decades? There was obviously complicity on the part of those around Mr. Weinstein who keep quiet to maintain their own careers and respective gravy trains.
“Harvey Weinstein built his complicity machine out of the witting, the unwitting and those in between. He commanded enablers, silencers and spies, warning others who discovered his secrets to say nothing. He courted those who could provide the money or prestige to enhance his reputation as well as his power to intimidate.”1
So how did this complicity machine actually operate in practice as Mr. Weinstein attempted to tamp down the raging fires springing up from numerous accusers finding strength in numbers as more and more women begin to tell their stories.
He gathered ammunition, sometimes helped by the editor of The National Enquirer, who had dispatched reporters to find information that could undermine accusers. He turned to old allies, asking a partner in Creative Artists Agency, one of Hollywood’s premier talent shops, to broker a meeting with a C.A.A. client, Ronan Farrow, who was reporting on Mr. Weinstein. He tried to dispense favors: While seeking to stop the actress Rose McGowan from writing in a memoir that he had sexually assaulted her, he tried to arrange a $50,000 payment to her former manager and throw new business to a literary agent advising Ms. McGowan. The agent, Lacy Lynch, replied to him in an email: “No one understands smart, intellectual and commercial like HW.”2
As the gossip and innuendo spread, agents continued to send actresses to meet Mr. Weinstein alone in hotel rooms, warning them if anything happened they should stay quiet if they knew what was good for them. It seems Harvey Weinstein was the best game in town and sometimes the only game in town. Mr. Weinstein used both threats and enticements of access to hold off the press while his brother and partner, Bob Weinstein, participated in payments to those who claimed sexual molestation going back to 1990. Now Mr. Weinstein, 65, is under investigation by law enforcement authorities in three separate cities.
A master of leverage, Mr. Weinstein parlayed his films into relationships across the worlds of entertainment, politics, publishing and beyond, achieving a stature that at times proved useful in intimidating others and protecting himself. “I know the president of the United States. Who do you know?” Mr. Weinstein, a Democratic fund-raiser, would say during the years Barack Obama was in the White House, adding expletives. “I’m Harvey Weinstein,” he used to say.
“You know what I can do.”3
Talent agencies in Hollywood are for the most part, male institutions and tended to keep quiet like a good ole boys network who looked the other way when problems surfaced. Agents typically sign their clients when they are at their highest value to the industry, young and a fresh face. This is also the time when they are most vulnerable given their youth and inexperience in life, a perfect hunting ground for a sexual predator like Harvey Weinstein. By the Weinstein brothers left Miramax which were bankrolled by the Disney Companies to form their own company in 2004, dozens of women including Angelina Jolie, Angie Everhart, Ashley Judd, Cara Delevingne, Rose McGowan, Gwyenth Paltrow, Heather Graham, Kate Beckinsale and many others. The agent’s motivation to keep quiet about what their clients were subjected to was the fact that they indirectly earned their living from executives like Mr. Weinstein, who write their paychecks.
In February 2018, N.Y. Attorney General Eric T. Schneiderman filed a lawsuit against the Weinstein Company for the toxic environment it had created in acquiescing to Mr. Weinstein’s Sexual Predation. The timing of this filing was explained as necessary to protect the compensation owed the victims and Weinstein employees from the perpetrators and enablers using the assets to enrich themselves. The problem with this is that it upended a deal to sell the company to group of investors led by Maria Contreras-Sweet, who had said she planned to set aside at least $50 million for a victims’ fund and start a new female-led movie studio. This does not seem the best way to help these victims because if the sale does not go through, the Weinstein Company will be forced into Chapter 11 bankruptcy proceedings which could eliminate any claims of the victims as unsecured creditors.
“Question Number One: Is there enough money?” said Kenneth Feinberg, the lawyer who administered funds for the victims of the Sept. 11 terror attacks, the BP oil spill and the faulty ignition switch at General Motors. That, is always the single most important issue when trying to redress victims.4
Gloria Allred the celebrity attorney in Los Angeles who is representing many of the victims, worries that bankruptcy proceedings would not leave any funds available for the victim’s compensation. It should also be noted that if Ms. Allred decided to sue the company, her clients have a better chance of being compensated if the company remains viable. She also has a personal incentive as her contingency fee would be one-third of any funds received by her clients.
Twice there have been attempts to sell the assets of the company but those attempts have fallen through in the due diligence stages. A group organized by Ron Burkle and led by Maria Contreras-Sweet said it called off a deal for most of the film and TV studio’s assets less than a week after saying it would buy them by assuming $225 million of debt. The group planned to invest $275 million to relaunch Weinstein Co. with a new name.
“We have received disappointing information about the viability of completing this transaction,” Ms. Contreras-Sweet said in a statement. A person familiar with the group said it had found about $65 million of additional liabilities.5
It has been said that a crisis is a terrible thing to waste and the Weinstein executives have used this crisis as an opportunity to raid the piggybank. A month before the public revelations of his sexual misconduct hit the papers, Harvey Weinstein borrowed $1 million from the company that bears his name to keep company with the $3 million he had paid himself over the past six months. Additionally the company paid off $2 million of personal debt guaranteed by Mr. Weinstein. Not to be out done, Bob Weinstein took nearly $6 million in compensation and other payments, while the company’s former chief operating officer David Glasser, took more than $4 million in the previous year according to papers filed in the U.S. Bankruptcy Court. While it is possible some of this can be “clawed back” in bankruptcy, there is no guarantee that a sale of the remaining assets will leave any funds after satisfying the secured creditors. Unsecured creditors such as the victims of Harvey’s casting couch will most probably get nothing but the right to file a civil lawsuit.
The question we must ask now is where this will all lead in the future? Jenni Konner an executive producer of the HBO series “Girls” sees this as a tipping point. “This is the moment we look back on and say that’s when it all started to change” “This is going to scare any man in Hollywood using his power for anything but making movies and television.”6
As the #me too movement has surged into the national discourse, other predators in the entertainment, journalism, corporate and political arenas have been sweep up like so much flotsam in an ever rising tide. Are we at the end of the news cycle or just the very beginning of a sordid saga that has yet to be fully revealed under the harsh glare of the spotlight?
Problem and Issue Identification
1. What are the central facts of the case? What assumptions are you making about these facts?
2. What is the major overriding issue in the case? What major question or issues does this case address that merits study at this point in the course?
3. What sub-issues or related issues are present in the case that merit consideration now?
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.