<br /> The Weinstein Company’s sales talks have failed.<br />Now the one-time revered studio says they are going to pursue bankruptcy.<br />The studio opted to delay its projects or shelve them.<br />They are also trying to sell off some projects to competing studios.<br />Selling off projects could help them recover some of their production costs.<br />The Weinstein company accused potential buyer of acting in bad faith.<br />In a letter obtained by THR, the company told investors it's moving towards bankruptcy. <br />
