The Weinstein Company gave the boot to its co-founder Harvey Weinstein on Sunday (Oct. 8) after a disturbing New York Times investigation detailed numerous incidents of alleged sexual harassment.
The investigation reported that Weinstein, 65, has reached at least eight settlements with women over the allegations—and it also highlighted his alleged abuse of power.
In light of Weinstein’s removal, TMZ is reporting that several investors, including music mogul Jay-Z, are in talks about purchasing the producer’s 23% interest in the company.
Hov recently inked a first-look deal with The Weinstein Company to produce The Kalief Browder Story, and he also has a Trayvon Martin miniseries in the works.
TMZ sources say Hov wants to continue his relationship with TWC by acquiring a substantial equity stake.