日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-US

Wanda Pictures creditor of Weinstein Co

China Daily USA | Updated: 2018-03-23 14:40
Share
Share - WeChat

It was a hot day in Qingdao in September 2013, but the Hollywood A-listers still turned out. There were Leonardo DiCaprio, Nicole Kidman, John Travolta, Catherine Zeta-Jones, Ewan McGregor, Kate Beckinsale - and Harvey Weinstein.

They were there to support Wanda Studios' spectacular Qingdao Oriental Movie Metropolis complex, which is expected to open this August.

Wang Jianlin, the billionaire chairman of Dalian Wanda Group, spoke about the "Hollywood East" facility, which will include a 10,000-square-meter film studio.

Fast forward nearly five years, and Weinstein's company has filed for Chapter 11 bankruptcy, collapsing under the weight of lurid claims of sexual assault and harassment against him. He has denied any accusations of nonconsensual sex.

The curtain is coming down on the company co-founded by Weinstein and his brother Bob, and now it's time to see how much its creditors, including one Wanda Pictures, get paid.

Lantern Capital Partners, a Dallas-based private equity firm, plans to buy the movie-production company's assets for $310 million in cash, which requires The Weinstein Co to sell its film and television studios.

After Harvey Weinstein was fired in October, sexual allegations sprung up around the world, prompting police in the US and UK to start investigations. The women's #metoo movement and Time's Up campaigns also emerged, as more accusations of sexual harassment by men in Hollywood, entertainment and the media flowed forth.

In its bankruptcy filing on Monday under Section 363 of the US Bankruptcy Code, The Weinstein Co listed both assets and liabilities of between $500 million and $1 billion. Top secured creditors include Union Bank and Bank of America, who are owed $156 million.

One of the unsecured creditors is Wanda Pictures, which lent $14.4 million, according to the filing made in Delaware. An unsecured creditor is an individual or institution that lends money without getting specific assets as collateral.

In February 2017, Wanda took an equity stake in The Weinstein Co film Lion for distribution in China. Wanda and TWC previously collaborated on Antoine Fuqua's Southpaw in 2014.

Chances are that collaboration would not have continued even if the Weinstein scandal hadn't occurred.

Dalian Wanda Group sold most of its hotel and theme-park assets for more than $9 billion last year amid tighter Chinese government scrutiny on risky financing and overseas investment.

The company has canceled foreign investment plans after its high-profile acquisitions of overseas entertainment and sports assets drew regulatory attention in China.

Founded by the Weinstein brothers in 2005, the New York-based company produced back-to-back Academy Award-winners for Best Picture in 2010 (The King's Speech) and 2011 (The Artist), and its films have won 28 Oscars.

The Weinstein Co owns a 277-film library and its TV unit owns the rights to series such as Project Runway.

Any cash from the asset sale will go to its 200-plus creditors, in addition to the payment of wages, litigation claims and legal fees. Other unsecured creditors include marketing company Palisades Media ($13.7 million), David Boies' law firm Boies, Schiller and Flexner ($5.7 million), Viacom ($5.6 million) and Sony Pictures Entertainment ($3.7 million).

Bloomberg contributed to this story.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人av综合网 | 91一区二区三区在线观看 | 欧美999| 自拍偷拍国产精品 | 亚洲特级黄色片 | 国产乱妇4p交换乱免费视频 | 蜜臀av性久久久久蜜臀av麻豆 | 加勒比在线一区 | 美女av片| 91国产精品一区 | 国产亚洲精品成人 | 黑人狂躁日本娇小 | 日本色网址 | 久久精品99国产精 | 天天毛片 | 久久久久激情 | 亚洲高清av在线 | 日韩欧美亚洲一区二区 | 国产精品久久久久久免费播放 | 国产91av在线播放 | 免费国产成人看片在线 | 日本欧美视频 | 中文字幕日韩在线播放 | 91精品国产综合久久久蜜臀粉嫩 | 免费在线观看中文字幕 | 超碰啪啪 | 自拍偷拍亚洲天堂 | 国产在线一 | 亚洲欧美激情精品一区二区 | 国产成人亚洲综合a∨婷婷 国产三级精品三级观看 | 亚洲成人网在线播放 | 一级特黄色 | 五月婷综合 | 精品一区二区三区在线观看视频 | aaaa一级片 | 国产sm在线观看 | 中文字幕一区二区三区在线观看 | 九九热视频在线播放 | 欧美xxx在线 | 国产日韩精品一区 | 永久久久久 |