AI International Holdings gave The Weinstein Company a $45 million dollar loan past year, and now they want it back, TMZ reported.
Unless you have been living off the grid for the past week then you would have heard about Harvey Weinstein scandal where multiple women have claimed that he sexually assaulted them. Additionally, JAY-Z has a first-look film deal with the production company. Despite the scandal, Hov wants to continue his partnership with the company but as a shareholder.
TMZ reported Wednesday Jay has been consulting with his team of investors, including a movie producer and billionaire, to consider buying Weinstein's 23% stake in the company. They also produced The Kalief Browder Story alongside the performer and are working on a Trayvon Martin miniseries.
They said that the "dismissal of Harvey Weinstein from his position as co-chairman" constitutes a "material adverse change" which allows them to demand the loans be paid back immediately.
Andromeda Heading To EA & Origin Access
Xbox One fans receive the full version of Dead Space 3 along with a trial version of the upcoming console port of The Sims 4 . Top of the pile is Star Wars: Battlefront 2 , followed by a 10-hour pre-launch Play First Trial of Need for Speed: Payback .
The Hollywood heavyweight has been accused of sexual misconduct by several actresses - including Angelina Jolie, Heather Graham, Cara Delevingne and Ashley Judd this week.
Disgraced Hollywood producer Harvey Weinstein has been filmed trying to flag down a auto outside his daughter's Los Angeles home, amid reports he is suicidal.
In his response to the initial allegations, Weinstein apologized for his behavior and misquoted JAY-Z. Perhaps its on a song that never got released.