The deal, which included taking on an expected $225m in debt on the company’s books, has fallen through for a second time in as many weeks.
“All of us have worked in earnest on the transaction to purchase the assets of the Weinstein Company,” said Contreras-Sweet in a statement.
The company has backed films including The King’s Speech, The Artist, Silver Linings Playbook and Quentin Tarantino’s Django Unchained.
Last week, a new deal was reached, which included doubling a fund for victims of Harvey Weinstein to $80m, which has fallen through.
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