Statement belies company in chaos

As talk of a sale or shutdown swirled around the embattled Weinstein Company, the studio’s co-founder Bob Weinstein tried to paint a picture of stability, saying that “business is continuing as usual” and outlining plans for film releases through February.

“Our banks, partners and shareholders are fully supportive of our company, and it is untrue that the company or board is exploring a sale or shutdown of the company,” Weinstein said in a statement.

But two people briefed on recent discussions by Weinstein Company board members said that any hope of the studio continuing in its current form was wishful