Well after the scandal it looks as though The Weinstein Company is headed for bankruptcy after talks to sell the business recently collapsed.<br /><br />The world-famous film studio - which was co-founded by disgraced movie producer Harvey Weinstein – has said in a statement that the company has been engaged in an active sale process in the hopes of preserving assets and jobs.<br /><br />The board of the studio had been trying to sell to a consortium headed by Maria Conteras-Sweet in a deal worth around $500 million that would have seen a new, largely-female board take control.<br /><br />However, negotiations collapsed earlier this month when the New York attorney general's office filed a civil rights lawsuit against the firm and its co-founders over the allegations of sexual misconduct, accusing them of "repeatedly" breaking the city's laws by "failing to protect employees from pervasive sexual harassment, intimidation and discrimination."<br />
