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Harvey Weinstein Resigns After Ultimatum By Board

10/17/2017 11:19 AM PDT
EXCLUSIVE

Harvey Weinstein has resigned from the Board of Directors of The Weinstein Company, after the Board gave him a clear ultimatum ... either relinquish your role, or be fired ... sources tell TMZ.

Our sources say Weinstein's decision to resign from the Board does not affect his grievance that he was illegally fired from TWC. As we reported, Weinstein's lawyer, Patty Glaser, was present in the Board meeting and she has made it clear ... she thinks her client's contract did not give the company the right to fire him, and unless the ompany submits to arbitration she will file a lawsuit.

As we reported, Colony Capital, which is in negotiation to buy TWC, plans to  change the name, get new partners and Bob Weinstein will no longer be running the show.

The New Weinstein Co. Bob Weinstein Pushed to the Back

10/17/2017 11:02 AM PDT
EXCLUSIVE

There is full-court press underway to save The Weinstein Co. from bankruptcy, and the plan is bad news for Bob Weinstein but good news for a number of women who may be making legal claims.

Sources familiar with the situation tell TMZ, Colony Capital, which is negotiating to buy TWC, has a very detailed plan, which starts with changing the name of the company. We're told Tom Barrack, who runs Colony, believes the most viable asset is the TV side, although there has been an exodus by companies like Netflix and others. Barrack believes, with a new cast of characters, he can salvage some of the TV business.

We're told the plan is to let Bob Weinstein run Dimension Films, owned by TWC, but he will not be involved in running TWC in any way. As one source said, although Bob is a major shareholder, the plan is this ... "Bob will gently go."

We're told Barrack has his eye on a big partner ... among the contenders, Lionsgate, MGM, and William Morris Endeavor. One source said, "There are a dozen other big players that are interested in becoming partners."

We're told once the new partnership is put in place, and hopefully they get back some of the distribution platforms that fled, the company will start making money ... money that will pay claims made by third parties, including some of the women who say Harvey Weinstein sexually harassed or assaulted them.

And, we're told, if a new company is formed, it will happen quickly. As one very connected source put it, "If it doesn't happen within 2 weeks, it's not going to happen at all, and The Weinstein Company will be history."

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TMZ Live: Harvey Weinstein: Confident Stars Will Forgive Him

10/17/2017 10:47 AM PDT
LIVE STREAM

ON TODAY'S SHOW
  • Reese Witherspoon & Jennifer Lawrence Speak On Abuse 
  • Busta Rhymes Gets Violent At Music Conference
  • Blac Chyna & Tyga Squash Their Beef!
  • Kathy Griffin: Hollywood Blacklisted Me!

Harvey Weinstein About to Be Fired From Board of Directors

10/17/2017 10:36 AM PDT
EXCLUSIVE

Harvey Weinstein is about to be fired from the Board of Directors of TWC ... literally within minutes of this post ... sources connected with the meeting tell TMZ.

We're told the decision was made days before Tuesday's meeting ... that the company could not survive with Harvey involved in any way.

We're also told the Board does not feel it's required to go into mediation or arbitration with Harvey Weinstein ... that it has a right to summarily fire him with no appeal from the fallen mogul.

It appears this could end up in litigation, because other connected sources have made it clear Harvey Weinstein's lawyer, Patty Glaser, will file a lawsuit for wrongful termination if the company refuses to submit to arbitration.

Anne Frank Center Anne Frank Halloween Costume?! Do We Even Need to Say It?

10/17/2017 10:30 AM PDT
Exclusive Details

Some genius thought Holocaust victim Anne Frank would make one helluva Halloween costume for kids -- but the institution named for Anne is just glad the company behind it got a clue. Eventually.

Online retailer HalloweenCostumes.com rightfully caught major flak Monday for selling a "WW2 Anne Frank Girls Costume." The backlash was so swift and severe they pulled the tone-deaf item from their site ... which featured this highly-offensive costume description. 

A rep for the Anne Frank Center for Mutual Respect -- a nonprofit supporting her legacy -- tells TMZ ... HalloweenCostumes.com's gimmick is offensive and trivializes Anne's suffering and the suffering of millions during the Holocaust.

The AFC says there are more appropriate ways to commemorate Anne's legacy, and it's happy the costume was yanked. HalloweenCostumes.com has apologized for the stunt, but c'mon.

Busta Rhymes 'What's Up N****?!!' Squared Off to Brawl in Miami

10/17/2017 9:54 AM PDT
EXCLUSIVE

Busta Rhymes lets his temper get the best of him -- again -- and violently shoved a guy who got all up in his face.

We're told the altercation went down at Diddy's REVOLT Music Conference in Miami. In the video, shot last weekend, Busta and the man were damn near nose-to-nose having some sort of disagreement when the dude put an arm out to keep Busta at bay -- and then the rapper snapped.

Unclear what sparked this scrap, but Busta looked ready to throw down until his crew stepped in to calm things down -- unlike a couple years ago in an NYC gym.

We broke the story when Busta threw a protein shake on an employee. He was arrested for assault but cut a deal for a reduced charge and anger management.

Could be time for a refresher.

LeBron James I Talked to My Kids About Racism After N-Word Graffiti Incident

10/17/2017 9:34 AM PDT

LeBron James says he used the n-word vandalism incident at his Brentwood home to warn his children about racism ... revealing he turned the hate crime into a teachable moment.

We broke the story ... a racial slur was spray-painted on the front gate of LeBron's L.A. home on May 31.

In an interview with GQ, LBJ discussed the incident that happened in "one of the best f***ing neighborhoods in America" ... saying, "True colors will show, and it showed for me during the playoffs."

James says he talked to his children about what happened, and made an effort to turn the situation into a positive. He says ... "I let them know this is what it is, this is how it's going to be. When it's time for y'all to fly, you'll have to understand that."

"When y'all go out in public and y'all start driving or y'all start moving around, be respectful to cops, as much as you can. When you get pulled over, call your mom or dad, put it on speakerphone, and put your phone underneath the seat. But be respectful the whole time."

There's a lot more to the feature ... Bron talks about his future in Cleveland, whether he'd consider running for president, and the Cavs owner Dan Gilbert's infamous letter.

'Lean on Me' Star Busted for Nearly 6 Pounds of Weed

10/17/2017 9:24 AM PDT
EXCLUSIVE

"Lean on Me" star Jermaine Hopkins might need another meeting with Morgan Freeman -- cops say he tried to speed past them with several pounds of marijuana in his car.

Law enforcement sources tell us cops in Apex, NC spotted Jermaine driving 70 in a 55 last week. Once they pulled him over cops say they found 5.7 lbs. of weed in his trunk and arrested him for felony drug possession with intent to sell.

He also got tagged with a speeding ticket before he was released on $3,000 bond.

Jermaine was also busted in 2011 for buying 200 lbs. of pot from an undercover cop -- so 5 lbs. almost seems like an improvement. By the way, he got 3 years probation for that 2011 arrest. 

We've reached out to Jermaine, so far no word back. 

Donnell Rawlings on Weinstein Most Women Were Fine with His Sexual Aggression

10/17/2017 6:48 AM PDT
EXCLUSIVE

Harvey Weinstein actually had a good track record sexually harassing women, because most didn't complain ... so says Donnell Rawlings.

We got an inebriated Donnell Monday night outside the Peppermint Club in WeHo, and he spoke at his peril, saying 29 women complained but 1,000 didn't have a problem with him. 

But wait, there's more. He also says Harvey's career in Hollywood is far from over ... but his reason is pretty anti-Semitic. 

The good news? Donnell says he's down to collab ... on one condition. Let's just say no massages below the belt.

Harvey Weinstein I'm Gonna Keep Making Movies With Or Without You, Bro

10/17/2017 1:00 AM PDT
EXCLUSIVE

Harvey Weinstein is not giving up -- not even close -- he vows he'll continue making movies, whether it's with The Weinstein Co. or someplace else.

Weinstein's showdown with TWC is set for Tuesday morning in NYC, where he will make his case by speakerphone that he was illegally fired and has a right to retake the reins. His lawyer, Patty Glaser, will be in the Board of Directors meeting to make the case.

Our Weinstein sources say he knows he's "momentarily toxic" but thinks with a little time, writers and actors will seek him out again because of his track record. He believes -- and probably rightly so -- that TWC exists because of him. He believes he can go back and produce movies, or he can just as easily do it somewhere else.

As one source put it, "Harvey's like Judge Judy. She can do her show for CBS, but if she wanted to go to NBC she can do it because it's all about her."

Harvey may not be able to make his case Tuesday. There are rumblings the Board may fire Weinstein as the first order of business, then disconnect the speakerphone and throw Patty Glaser out of the meeting. If that happens, our Weinstein sources say they will 100% go either to arbitration or court.  

Reese Witherspoon & Jennifer Lawrence Share Hollywood Abuse Stories

10/17/2017 6:58 AM PDT

Reese Witherspoon was assaulted by a film director when she was 16 years old and Jennifer Lawerence was told to drop some lbs to star in a film ... just some of the abuse they say they endured coming up in Hollywood.

The Academy Award winning actresses shared the harrowing stories Monday night during the ELLE Women in Hollywood event. The actresses went into great detail on the heels of former studio boss Harvey Weinstein getting ousted from his company after scores of women accused him of decades-old sexual assault and harassment.

Reese says she's not only angry at the director who assaulted her, saying, "[I feel] true disgust at the director who assaulted me when I was 16 years old and anger at the agents and the producers who made me feel that silence was a condition of my employment."

She went on to say she was sexually harassed and assaulted on multiple occasions.

Jennifer said a director once told her to lose 15 pounds in 2 weeks ... and as motivation for her diet? Jennifer said a female producer told her to use naked photos of herself from a previous nude lineup as inspiration.

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Bill Bellamy Harvey Weinstein Has a Right to Fight

10/17/2017 7:19 AM PDT
EXCLUSIVE

Bill Bellamy has a soft spot for Harvey Weinstein.

We got Bill at LAX Monday where he said a lot of what the fallen mogul did was good ... he built the empire from which he's now been banished. He says the success of TWC was built off the back of Harvey.

Bill's also got sympathy for the victims and Harvey's kids, but you gotta listen ... he's got Harvey's back in his fight to get his old job at The Weinstein Company.

John Mayer It's My Birthday ... I'll Wear What I Want To!!!

10/17/2017 7:46 AM PDT

John Mayer is now 40 and supremely confident in his wardrobe choices ... and he flaunted it as he stepped off a plane in Rio.

John arrived in Brazil Monday -- the day he hit the big 4-0 -- to do 5 concert dates. Fans greeting him in the airport got some serious eye candy courtesy of John's floral patterned pajamas or scrubs (we really can't tell) ... and his bright red sandals.

Before you start thinking Mayer's giving up in his 40's ... we should tell you those sandals are Visvim Christos, and they go for about $600!

The dude's come a LONG way from "Your Body is a Wonderland." 

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