Friday, October 13, 2017

Harvey Weinstein and Steve Bannon: The Troubled Business Relationship Revealed

The Hollywood Reporter reports:
Twelve years ago, long before Bannon helped Donald Trump overcome groping claims to become President, he was the chairman of a company called Genius Products. The year was 2005, and when Weinstein and Bannon crossed paths, it was a particularly important time for the movie mogul. Weinstein had just separated from Disney and was launching The Weinstein Company. And he was searching for financing.

According to a proxy statement that Genius once filed with the SEC, about a month after Bob and Harvey Weinstein and Disney jointly announced the termination of their employment contracts, Bannon and Genius CEO Trevor Drinkwater met with representatives of Goldman Sachs — where Bannon once worked as an investment banker. They discussed the possibility of Genius Products as an alternative independent distributor for the Weinsteins' new company. In a story that ran in The New Yorker earlier this year that recounted Bannon's time in Hollywood, Drinkwater nodded to this meeting in an interview. “Goldman Sachs was raising the money for the Weinstein Company, and Steve called one of his buddies at Goldman,” said Drinkwater.
An article , worth your time.