Thursday, June 20, 2024

Movie Biz: Weinstein Company Board Fires CEO David Glasser for Cause As Sale Goes Sideways


Late last night the Weinstein Company board– whoever’s left– fired COO David Glasser for cause. A statement read: “The Board of The Weinstein Company has unanimously voted to terminate David Glasser for cause.”

This comes at the end of a week that saw NY State Attorney General Eric Schneiderman sue TWC, Harvey and Bob Weinstein in a civil rights action– a posturing move to be sure but one that has up-ended the sale of the company to a group that included former Obama administration Small Business chief Maria Contreras Sweet and supermarket mogul Ron Burkle.

Glasser, who started with TWC in 2008, almost left over the summer of 2015 and actually had declared his independence. But over Labor Day weekend Harvey and Bob went into tense negotiations with him and Glasser decided to remain with the company. David’s father, Richard Glasser, a musician and composer, in the company’s payroll as music supervisor for soundtracks since around 2009. His credits include “Lion” and “Silver Linings Playbook.”

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

Read more

In Other News