Weinstein Co. raids film library to settle debts
Thursday, June 24, 2010 - 23:56
in Physics & Chemistry
The production company will give its creditors 200 movies — and the future revenue they would have provided. Weinstein Co. has struck a deal to restructure its debt in the wake of several film flops, but the arrangement leaves the independent production company with a formidable task if it is to turn around its fortunes.