Studio gives up rights to 200 films to settle debt

Full story: LA Daily News

Independent movie studio The Weinstein Co. has restructured its debt by giving the rights to 200 movies and about $233 million in receivables to Goldman Sachs and its partner Assured Guaranty, according to a person familiar with the matter.

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Sick and Tired

Los Angeles, CA

Greedy ass producers. How can a super successful company be that far in debt with so many huge and money making hits? Typical greed from the high up non-creatives.

Joe

Los Angeles, CA

It is Karma, they support Polanski the rapist, one reason many people refused to see Nine and future movies of theirs.

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