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As dozens of horrific allegations involving sexual assault and harassment continue to mount about media mogul Harvey Weinstein, Weinstein Co.—which fired him on Sunday night—has reportedly decided that the movie and TV studio will be either be sold or shut down.
The board of directors for Weinstein Co.—founded in 2005 by Weinstein and his brother Bob—is already speaking with potential buyers, according to the Wall Street Journal. If no deal can be reached, the company would shut down, and its movie and TV library would be sold off.