UPDATE: On Oct. 13, Bob Weinstein released a statement, obtained by E! News, in response to reports speculating about the future of TWC: "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. Polaroid is moving forward as planned with a release date of November 22 followed by Paddington 2 on January 12. The first Paddington grossed over $75 million and we expect even greater success for Paddington 2. Test screening scores are through the roof. War With Grandpa starring Robert De Niro is scheduled for February 23, 2018.
"Business is continuing as usual as the company moves ahead."
In a week's time, Harvey Weinstein's already tenuous grasp on his place in the Hollywood hierarchy has unraveled completely.
He's been fired from his own namesake company, which is reportedly planning on changing its name in an attempt at distancing itself from its tarnished co-founder. His wife, Marchesa co-founder Georgina Chapman, is leaving him. And now New York police and reportedly London's Scotland Yard are investigating the disgraced mogul.
The tentacles of this grotesquerie—which have already reached beyond Hollywood and into the worlds of politics and deep-pocketed philanthropy that Weinstein also circulated in—continue to suck in one bold-faced name after another. But even within the first few moments after the New York Times' investigative report on decades' worth of accusations of sexual misconduct and harassment was published last Thursday, the common denominator had revealed itself: Harvey Weinstein's alleged pattern of mistreating women was what you call an "open secret," a tacitly acknowledged cost of doing business with one of the most powerful figures in show business.