Hollywood 2017: TWC’s Board of Directors to Suspend Harvey Weinstein

The board of directors of the Weinstein Company will suspend Harvey Weinstein after the bombshell New York Times report.

The official announcement should come on Friday afternoon.

Weinstein is embroiled in a sexual harassment scandal after the Times reported that he behaved inappropriately with former employees and actresses such as Ashley Judd, often reaching settlements to make the issues go away.

Insiders say Weinstein insists that the scandal can be weathered. He is not willing to step down, even though the board is weighing terminating him with cause. Bob Weinstein, the company’s co-founder and Weinstein’s brother, and David Glasser, its president and COO, want Weinstein to leave, according to insiders. They are prepared to take over the company’s management.

Weinstein is said to be “delusional,” and completely unaware of the severity of the charges and the fierce blowback he is receiving on social media. He does not frequently use a computer, and did not understand that he had become a trending topic online.

Exacerbating the situation, he personally wrote a rambling statement apologizing for his behavior while also attacking the NRA.

Attorney for Weinstein later said that he was prepared to sue the Times.

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