trending Market Intelligence /marketintelligence/en/news-insights/trending/lldr5rfdownh-bl5efuzow2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Weinstein Co. files for bankruptcy, enters sale agreement

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

Ad agencies struggle to survive second quarter of 2020

Video Supply-Side Platforms Hurt By Q2'20 Fall In Video Ads, Rebounding In 2021

AVIA: Building The Case For Satellite 5G


Weinstein Co. files for bankruptcy, enters sale agreement

Weinstein Co. LLC filed March 19 for bankruptcy and entered into a "stalking horse agreement" with an affiliate of Lantern Capital Partners to purchase all assets of the film studio.

The sale agreement, which is pursuant to section 363 of the Bankruptcy Code, will be subject to court approval.

The company has more than 200 creditors, and liabilities fall in the range of $500 million to $1 billion, as well as its assets, according to the bankruptcy filing.

In line with Weinstein's Chapter 11 filing at the District of Delaware, the company announced that it is releasing any confidentiality agreements that have prevented anyone from speaking against sexual misconduct allegations by Harvey Weinstein, Variety reported. The producer stepped down from his company's board last year amid revelations of multiple sexual abuse claims against him.

The move to file for bankruptcy comes after talks to sell the company's assets to an investor group collapsed. The company's board on Feb. 25 notified Ron Burkle and former U.S. Small Business Administration Maria Contreras-Sweet, the lead investors in the bid consortium, that it will no longer push through with the transaction due to the bidders' lack of financing for the company.

In January, Weinstein reported that it had short-listed six potential buyers, including Lions Gate Entertainment Corp., a consortium led by Contreras-Sweet, production company Killer Content and investment firms Vine Alternative Investments and Shamrock Capital Investments.

The company also had exclusive sale discussions with Colony Capital Inc. late in 2017, which later collapsed.