Contact Us

JAY-Z Interested in Buying Harvey Weinstein’s Stake in The Weinstein Company

JAY-Z Interested Buying Stake in The Weinstein Company
Larry Busacca, Getty Images

JAY-Z is reportedly in talks with his team to purchase Harvey Weinstein’s share in The Weinstein Company.

Insiders have told TMZ that Hov, along with other investors, including a billionaire, are talking about purchasing Weinstein’s 23 percent stake in the company. Of course, JAY has a working relationship wit the Oscar-winning movie executive. The rap mogul signed a first-look film deal with the company, who have produced the documentary series, TIME: The Kalief Browder Story. JAY has also a Trayvon Martin miniseries in production as well.

The news comes as Weinstein is being accused of sexual misconduct. According to a New York Times report, the veteran studio executive sexually harassed at least eight women. Weinstein was also fired last week from his own company, who said they are conducting its own internal investigation.

The Obamas recently released a statement on the allegations against Weinstein. “Michelle and I have been disgusted by the recent reports about Harvey Weinstein,” Barack Obama said in the statement. “Any man who demeans and degrades women in such fashion needs to be condemned and held accountable, regardless of wealth or status.”

Sources tell TMZ that JAY-Z wants to maintain his relationship with the Weinstein company and since Harvey is no longer there, he wants to acquiring a significant equity stake in the company.

Reps for JAY-Z had no comment on the matter.

10 Times JAY-Z Kept His Cool Under Pressure

Best of WTUG

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for WTUG VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive WTUG VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.