Harvey Weinstein has been fired from The Weinstein Company, the movie production company he formed with his brother Bob.

Weinstein has been under pressure to resign from the company since revelations of his sexual misconduct was revealed by the New York Times. The statement from TWC said that the decision was made "in light of new information about misconduct by Harvey Weinstein that has emerged in the past few days."

On top of all this, three members of the board of TWC - Dirk Ziff, a billionaire investor; Marc Lasry, owner of the Milwaukee Bucks and chief executive of Avenue Capital Group, an investment firm; and Tim Sarnoff, president of production services and deputy chief executive of Technicolor - have resigned in the past week.

So far, Weinstein has made no comment on the allegations beyond a rambling statement where he misquoted Jay Z. It's understood that Weinstein is threatening to sue the New York Times for defamation, and there's still another article to come from the New Yorker who likely have more allegations of sexual misconduct by him.


Via New York Times