It’s official: Harvey Weinstein is out as co-chairman of The Weinstein Company after the company’s remaining board met on Tuesday to accept his resignation.
Its only big awards season player for 2017 was The Current War, which has been pulled from its November 24 release.
According to The Hollywood Reporter, TWC was struggling financially even before the scandal broke, and may never return to its glory days of Oscar kingship.
Harvey still has a 20 percent stake in the company, which could be bad news for any deals the board wants to make down the line.