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The Weinstein Company history
The Weinstein Company company history timeline
As more companies battled for Internet dollars, Bezos saw the need to diversify, and by 2005 Amazon offered a vast array of products, including consumer electronics, apparel, and hardware.
The pair exited in 2005 and promptly started The Weinstein Company, financed by some $1 billion in outside investment.
2005 - The Weinstein brothers leave Miramax to set up their own production company, The Weinstein Company.
Amazon diversified even further in 2006 by introducing Amazon Web Services (AWS), a cloud-computing service that eventually became the largest such service in the world.
Its worst purchase: a 2006 majority holding in home video company Genius, which went bankrupt.
The company’s early notable releases included Grindhouse (2007), which consisted of two feature-length films directed by Robert Rodriguez (Planet Terror) and Tarantino (Death Proof); I’m Not There (2007), an unconventional biopic of Bob Dylan; and The Great Debaters (2007), a drama—directed by
2007 - Weinstein marries English fashion director Georgina Chapman.
Amazon announced in 2010 that sales of Kindle books had surpassed those of hardcover books.
The New York-based company recovered with a 2010 debt restructuring that mortgaged half its valuable movie library to creditors.
Launched in 2011 as its own division, the TV arm is behind the successful series Project Runway and its spinoffs.
Bezos bought The Washington Post and affiliated publications for $250 million in 2013.
Despite touting a potential divestment since 2014, the company hasn’t managed to sell its television division.
According to a prospectus partially published by Deadline, unscripted television accounted for a third of the TV segment’s $43.4 million profits in 2015.
In 2016, profit for the TV division apparently soared 49% to $64.5 million.
In October 2017 reports emerged of numerous sexual harassment and assault allegations against Harvey Weinstein, which spanned decades.
Netflix plans to spend $6 billion on content in 2017; Hulu’s budget is $2.5 billion, while Amazon is forking out an estimated $4.5 billion.
14, 2017 - The Academy of Motion Picture Arts and Sciences, the group that selects the Oscar winners, expels Weinstein.
Bezos’s net worth was calculated in 2018 at $112 billion, making him the richest person in the world.
1, 2018 - Hollywood celebrities launch the Time’s Up campaign to fight sexual harassment in the workplace.
The couple announced in January 2019 that they were divorcing, and the following day the National Enquirer printed a story revealing that Bezos was having an affair with another woman.
25, 2019 - Weinstein appears in court to announce new defense team.
11, 2019 - Weinstein and his bankrupt studio reach tentative $25 million settlement with dozens of women who accused him of sexual misconduct.
His trial began in January 2020, and the following month he was found guilty of a criminal sexual act and rape.
In 2020 he had a net worth of more than $180 billion.
6, 2020 - Los Angeles prosecutors announce sexual assault charges against Weinstein just hours after he appeared in a New York court for the start of his trial on rape charge.
7, 2020 - Jury selection at Weinstein’s trial begins in New York.
In February 2021 Bezos announced that he would be stepping down as CEO later that year.
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The Weinstein Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| MGM Studios | 1924 | $17.2B | 4,103 | 47 |
| Lionsgate | 1997 | $3.9B | 3,500 | 3 |
| Miramax | 1979 | $96.0M | 101 | - |
| Directors Guild of America | 1936 | $3.2M | 35 | 3 |
| Ford's Theatre | 1967 | $15.8M | 200 | - |
| Baltimore Center Stage | 1963 | $11.5M | 149 | 2 |
| Capa-columbus Association For The Performing Arts | 1969 | $50.0M | 1,065 | 9 |
| Atlanta Symphony Orchestra | - | $1.4M | 19 | - |
| Kimmel Cultural Campus | 1996 | $50.0M | 500 | 14 |
| Texas Performing Arts | 1981 | $3.9M | 100 | - |
The Weinstein Company history FAQs
Zippia gives an in-depth look into the details of The Weinstein Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Weinstein Company. The employee data is based on information from people who have self-reported their past or current employments at The Weinstein Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Weinstein Company. The data presented on this page does not represent the view of The Weinstein Company and its employees or that of Zippia.
The Weinstein Company may also be known as or be related to The Weinstein Company, The Weinstein Company LLC and The Weinstein Company, LLC.