Harvey Weinstein resigns by Weinstein Co. board

Harvey Weinstein has resigned by the board of The Weinstein Company, This specific said on Tuesday, as he faces allegations that will he sexually harassed or assaulted numerous women over three decades from the film business.

In a statement, the board said This specific also ratified its Oct. 8 decision to fire Weinstein as chief executive of the award-winning movie along with television company he co-founded with his brother.

A source close to Weinstein confirmed that will he had resigned by the board along with had no further comment. Weinstein has denied having non-consensual sex with anyone.

Also on Tuesday, Toyota Motor’s Lexus unit said This specific was evaluating its partnership with the Weinstein Co. Lexus, Toyota’s luxury brand, is actually a sponsor of reality TV show “Project Runway,” which Weinstein Co. produces.

“Lexus does not condone any acts of sexual harassment, assault or discrimination. In light of recent allegations involving Harvey Weinstein, we are currently evaluating our partnership with The Weinstein Company, yet have nothing to announce at This specific time,” Lexus said in a statement.

A&E Television Networks, which airs “Project Runway” on its Lifetime cable channel, is actually also exploring its options for the show, according to a source with knowledge of the matter.

Weinstein’s executive producer credit along with the Weinstein Co. logo were removed by “Project Runway” last week.

A&E wants to be respectful of women who say they were harmed by Weinstein, the source said, along with also is actually concerned about the livelihood of more than 0 cast along with crew members who work on the series.

Weinstein Co. is actually trying to chart a future without Weinstein, the aggressive dealmaker which has a knack for managing Hollywood talent, money along with egos. On Monday, This specific said This specific was in talks to sell the bulk of its assets to private equity firm Colony Capital.

One of Hollywood’s most influential forces since launching in October 2005, Weinstein Co has produced along with distributed films including “The King’s Speech” along with “Silver Linings Playbook.” Its television unit produces the long-running reality series “Project Runway.”

Harvey Weinstein is actually credited with conceiving the strategy that will scored dozens of Oscar awards for the company’s films.

Hollywood trade publication Variety on Tuesday reported a separate harassment allegation against Bob Weinstein, Harvey’s younger brother along with co-founder of Weinstein Co.

Bert Fields, an attorney for Bob Weinstein, said in a statement that will the story was “false along with misleading.”

“There is actually no way from the globe that will Bob Weinstein is actually guilty of sexual harassment,” Fields said from the statement.

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