Type to search

News Professional Services

Delaware judge working on deal for Weinstein Co. to pay actors

Avatar photo
Share

(AP) — An agreement reached in the sale of Harvey Weinstein’s movie studio won’t leave Hollywood stars like Robert De Niro and Meryl Streep holding the bag.

Lantern Capital Partners said Friday it’s agreed to make payments to unsecured creditors, such as actors seeking residuals, as part of a $289 million Weinstein Co. acquisition it expects to close Friday.

A judge must approve the deal. A Wednesday hearing is scheduled in Delaware.

De Niro and Bradley Cooper say they’re each owed $940,706 for “Silver Linings Playbook.” Streep says she’s owed $168,611 for “August: Osage County.”

The Weinstein Co. filed for bankruptcy protection in March amid fallout from sexual assault allegations against Weinstein.

The movie mogul is due in court Monday for arraignment on charges alleging a sex crime against a third woman.

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

Tags:

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2024 Delaware Business Times