In this Nov. 23, 2011 file photo, film producer Harvey Weinstein poses for a photo in New York. The Weinstein Co.’s board of directors says the company, co-founded in 2005 by Harvey Weinstein, is expected to file for bankruptcy protection after last-ditch talks to sell its assets collapsed. (AP Photo/John Carucci, File)
LOS ANGELES (AP) --
The Weinstein Co.'s board of directors says the company is expected to file for bankruptcy protection after last-ditch talks to sell its assets collapsed.
Now-disgraced movie mogul Harvey Weinstein co-founded the company in 2005. He was fired last October after being accused of sexual assault and harassment by dozens of women. Weinstein Co. has been searching for a financial savior ever since. Weinstein has denied all allegations.
The Los Angeles Times reports the board said Sunday night it has no choice but to pursue bankruptcy.
The decision came after the board was unable to revive a deal to sell the struggling studio for about $500 million to an investor group.
As part of the pact, the bidders had promised to raise at least $40 million for a fund to compensate Weinstein's accusers.
After a half-century of public silence, a freelance photographer from Vietnam has asserted he took one of the most renowned and impactful photos of the 20th century — the image of a naked girl fleeing a napalm attack in South Vietnam that has long been credited to a staff photographer from The Associated Press.
Nguyen Thanh Nghe claimed authorship of the Pulitzer Prize-winning "napalm girl" photograph in the new documentary "The Stringer" and on the sidelines of its premiere Saturday night at the Sundance Film Festival in Park City, Utah.
The AP conducted its own investigation and said it has no reason to conclude that anyone other than the long-credited photographer, Nick Ut, made the picture.
The news agency said it was "surprised and disappointed" that filmmakers portrayed it as having reviewed the film's materials and being dismissive. The AP said it saw the film for the first time at Sundance.
Nghe joined the filmmakers for the post-screening Q&A where he said, through a translator, "I took the photo." The audience cheered enthusiastically. He did not say why he waited so long to make the claim.
The AP said it was calling on the filmmakers to release their contributors from non-disclosure agreements for the film, including Nghe. It also called on the filmmakers to share a visual analysis they commissioned — and the film itself. "We cannot state more clearly that The Associated Press is only interested in the facts and a truthful history of this iconic photo," the agency said.
Investigating an image captured in the fog of war
Nguyen says he took the iconic photo of Kim Phuc on June 8, 1972. Nghe said he went to the town of Trang Bang that day as a driver for an NBC news crew and captured... Read More
