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Amid Unfolding Scandal, Future of Weinstein Company Remains in Question

While Weinstein’s lawyers deny any non-consensual relationships, projects have fallen away, staff are exiting, and two thirds of the company's board have quit

This week, the number of women reportedly accusing producer Harvey Weinstein of sexual harassment and assault grew to more than 60, NBC News reported. Added to that are allegations that the board wrote a weak employment contract, allowing Weinstein to simply pay a fine if the company was forced to settle claims.

Amid the ongoing scandal, the future of The Weinstein Co. remains uncertain. Two possible options: declaring bankruptcy or being acquired by an outside company.

Meanwhile, the finger pointing has begun. Those associated with Weinstein are trying to defend themselves against allegations that they knew about his past behavior and did nothing.

While Weinstein’s lawyers deny any non-consensual relationships, projects have fallen away, staff are exiting, and two thirds of the company's board have quit.

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