bob-weinstein

CNET Co-Founder Cuts Prices, Steve Wynn Looks to Sell

cityfile · 06/24/09 07:26AM

• Kevin Wendle, the serial entrepreneur who co-founded CNET and iFILM, among other companies, has lowered the price of his apartment at 812 Fifth Avenue for the second time since listing it for $14.85 million in January. The 17th-floor apartment, which Wendle purchased for $6.4 million in 2006, is now listed for $9.95 million with Corcoran's Deborah Grubman and Carol Cohen. [Cityfile, Curbed, Corcoran]
• Steve Wynn is about to put his apartment at 817 Fifth Avenue back on the market for $25 million, six years after he failed to sell it for $15 million. The 3,900-square-foot spread, which suffered water damage a few years back, now comes with onyx floors and a leather-lined private elevator vestibule. [NYO]
• Two weeks after it was reported that he was "quietly" shopping his Beresford apartment, Bob Weinstein's 6,500-square-foot duplex has officially hit the market. The six-bedroom apartment with grand stairway, paneled library, two terraces, and three fireplaces is listed with Brown Harris Stevens broker Ileen Schoenfeld for $29.75 million. [NYO, BHS, previously]

Bob Weinstein Lists, Michael Steinhardt Sells

cityfile · 06/10/09 07:44AM

Bob Weinstein and his wife Annie Clayton are reportedly looking for a buyer for their five-bedroom apartment at the Beresford. The 6,500-square-foot duplex is "quietly" being offered for "around $34 million" by Brown Harris Stevens broker Ileen Schoenfeld. No need to worry about the couple being homeless if they manage to unload the apartment: In addition to a townhouse on West 70th Street, which they picked up for in May for $15 million, the Weinsteins also own a one-bedroom on West 67th Street and a condo at Astor Place. [NYO]
• Retired hedge fund manager Michael Steinhardt has sold his two-bedroom apartment at the Museum Tower. He and wife Judy won't be moving, however: The Steinhardts split their time between an apartment at 1158 Fifth Avenue and a massive estate in Bedford. [Cityfile]
• Charles Martin Jr., the CEO of Vanguard Health Systems, has picked up a pied-à-terre. The Nashville-based exec purchased a four-bedroom duplex at 155 West 15th Street for $6.675 from Blackstone senior managing director Neil Simpkins and his wife Miyoung Lee. [Cityfile]

Weinstein Woes, Colbert in Iraq, Drama in North Korea

cityfile · 06/08/09 11:04AM

• Is Harvey and Bob Weinstein's film company headed for bankruptcy? That remains unclear, although the Weinstein Co's decision to hire Miller Buckfire to restructure its finances isn't a good sign, that's for sure. [NYT]
• Members of the Boston Newspaper Guild are voting today whether to accept the package of pay cuts proposed by the New York Times Co. [PC]
Stephen Colbert is broadcasting from Iraq this week. In addition to an interview with the president, Colbert will get a military-style makeover. [NYT]
• Journalists Laura Ling and Euna Lee were sentenced to 12 years of hard labor by a North Korean court late last night. The Obama administration has vowed to keep up its lobbying effort. And in the meantime, employees at Current TV—where both women work—continue to keep quiet about the matter, per instructions from network management. [NYT, AP, NYT]

Trouble For the Weinsteins?

cityfile · 06/05/09 03:30PM

This can't be good news for Harvey and Bob: "The Weinstein Company, the studio behind Academy-Award winning film "The Reader," has hired financial adviser Miller Buckfire & Co., LLC to explore possible restructuring or refinancing, according to people familiar with the situation." [WSJ]

Bob Weinstein's Inglourious Trip Home From Cannes

cityfile · 05/22/09 11:34AM

The situation at the Weinstein Co. is getting pretty dire: Poor Bob Weinstein was forced to fly home from Cannes on a commercial plane. In coach, no less. To make matters worse, he was seated at the rear of the plane, "leaving the mogul to stew in the back of the cabin while the minutes to his next plane ticked by, instead of in the front of the line, where he's more accustomed to stand." The gentle, generous demeanor he shares with his brother is unchanged, though. As he left the plane, a woman asked him to help her reach her carry-on bag in the overhead compartment. Weinstein's response: "That'll be ten bucks." Too bad he was kidding! Ever little bit helps when you've blown through $1.2 billion and you still haven't managed to come up with a winner at the box office. [The Wrap]

Zucker's Former Duplex Goes Back On the Market

cityfile · 05/13/09 07:35AM

• NBC chief Jeff Zucker's former duplex at 239 Central Park West (left), which he sold to Marti Meyerson and her husband Jamie Hooper in 2006 for $15.7 million, is back on the market. The 11th and 12th floor apartment is now listed for $17.5 million. Meyerson is the daughter of Morton Meyerson, Ross Perot's onetime business partner and the former chairman and CEO of Perot Systems. [Cityfile, Corcoran]
Bob Weinstein and his wife Annie Clayton have paid $15 million for a four-story, 6,580-square-foot townhouse at 39 West 70th Street. [Real Deal]
• Big time art collectors Donald and Shelley Rubin, who made fortune with the MultiPlan health care network, have put their townhouse at 122 East 70th Street on the market with Kathy Sloane for $20.2 million. [NYO, BHS]

Black Friday at The Weinstein Co.

cityfile · 11/21/08 12:14PM

The Post reports that Bob and Harvey Weinstein's film company announced plans to lay off 11 percent of its staff, or 24 people, at a company meeting moments ago. The news was apparently delivered shortly after 2 p.m. But the studio would like to make it clear that this does not mean that the Weinsteins are having any financial trouble, even if they have failed to come up with a hit in ages, longtime execs are fleeing, and the company embroiled in a messy lawsuit over Project Runway. "If this was a real financial emergency for the studio, I imagine the layoffs would be greater than 24 people," a source tells the paper. [NYP]

Empty Desks, Fire Sales, and Other Signs of the Weinstein Apocalypse

STV · 10/22/08 12:50PM

There aren't a lot of wheels left to fly off at the Weinstein Company, where as many as five executives are now expected to have made their exits by the end of the year. Add on the news that its previous Oscar hopeful The Road is officially shelved until 2009 while Bob Weinstein reportedly invests upward of $60 million in straight-to DVD releases for next year (a market he badmouthed as recently as last week), and your Weinstein DeathWatch countdown may have just acquired new, accelerated momentum. Watch the casualties mount after the jump.Today's Hollywood Reporter notes that TWC's bosses of acquisition and production Michelle Krumm and Maeva Gatineau left through the back door at the beginning of October, while production execs Michael Cole and Carla Gardini will follow with marketing VP Gary Faber in short order. All were Miramax veterans at the end of their first contracts with TWC. Harvey says he intends to replace them, and with Inglourious Basterds [sic] currently shooting in Germany and Rob Marshall's musical Nine on the way soon after, face-value presumes to believe him. But we'd much sooner believe he'd sell the operation for parts — Basterds, Nine, the just-shelved Forest Whitaker drama Hurricane Season, Fanboys, Shanghai and anything else Fox Searchlight, Focus Features, Flopz™ or another willing suitor can squeeze into a shopping cart on a 60-second spree through the storage locker. (Sorry, though, Lifetime — you still can't have Project Runway.) Even if The Reader can surmount its rush-job ego drama to make a legit awards-season run, whatever prestige accompanies it will wind up attributed to everybody but poor Harvey. It's almost pitiable. Almost. In the end, the Weinstein brothers' public incompetence is really too willful to lament and too insistent to shock. Take today's Variety item, for example, in which Bob Weinstein, whose genre arm Dimension has itself survived without a production president since buying out Richard Saperstein last year, announced a greenlight for 18 titles to be produced this fall and released to straight to the Dimension Extreme DVD label in 2009. (This coming the same day Dimension shelved its Cormac McCarthy adaptation The Road indefinitely.) They're all franchise installments or remakes — Pulse 2, Midnight Man 2 and 3, Children of the Corn, Chapter XXIV, etc. — budgeted between $3 million and $6 million. “Having learned how profitable a video library is and having already found great success launching franchises on video, this was a natural and obvious progression,” Bob told the trade. Contrast that with his appearance sitting in for Harvey last week at Nielsen's Media and Money conference, where the Reporter cited his bearishness toward a "dwindling DVD market" and the vague hope that he might be lucky enough to exploit that library — not $75 million in new productions — through VOD and Web downloads. Is the Weinsteins' output deal with Showtime richer than we thought? And with almost as many empty desks as delayed titles left in the office, who is selling these films? How are they even getting made? That said, Zack and Miri Make a Porno will probably open in the Top 3 next week with little more than stick figures on its poster and morbidly obese Kevin Smith regaling America with his stories of broken toilets, so what do we know? As you were, Harvey, we guess.

Happy Birthday

cityfile · 10/17/08 06:55AM

Wyclef Jean has been busy stumping for Obama as of late, but perhaps he'll find time to take a short break today to celebrate his 36th birthday. Others who may (or may not) indulge in cake today: Socialite Debbie Bancroft is 54. Artist Ryan McGinley is 31. Chicago director Rob Marshall is 48. Legendary newsman Jimmy Breslin is 79. New Yorker staff writer and author Ariel Levy is 34. Film critic Richard Roeper turns 49. Eminem celebrates his 36th. Ziggy Marley, the son of Bob Marley, is 40. And Kirna Zabête co-owner Beth Buccini is 37. Weekend birthdays after the jump.

Harvey and Bob: 'We're Not Going Anywhere'

cityfile · 10/16/08 07:17AM

All those rumors that the Weinstein Company is in trouble? Not true, says Bob Weinstein, who took the stage yesterday at the "Media and Money" conference hosted by Dow Jones and Nielsen and reassured the crowd that the start-up studio was doing just fine. "We're not going anywhere—not willingly, at least," he joked, later adding that the company shouldn't have any problems remaining solvent: "We're fortified with enough cash to keep this business going." If this was just spin, props to Harvey for leaving it to his younger brother to mislead the crowd. Harvey was the one originally scheduled to give the talk, but bowed out at the last minute for "personal reasons."

STV · 10/15/08 06:02PM

Harvey Calls in Sick: The beleaguered Harvey Weinstein dropped out of his scheduled keynote interview today at the Dow Jones/Nielsen "Media and Money" conference in New York, reportedly deferring to brother Bob and Weinstein Company COO Lee Solomon while he attended to a "personal matter." On the agenda: "[W]hat is Weinstein's view on the future of the film business and his company?" We hear his proxies stayed positive in the face of Harvey's conspicuous absence, noting that they have a sure-fire Oscar hopeful on their hands for December and that charitable giving is up a million percent from 2007. [DHD]

Inside The Vikings Vs. Aliens Movie That Harvey Weinstein Doesn't Want You To See

Kyle Buchanan · 08/27/08 12:50PM

Viking movies aren't always the easiest sell (as duds like Pathfinder and The 13th Warrior have proven), but the producers of Outlander had a genius idea to improve the formula: add aliens, exploding spaceships, and Jesus Christ himself. The result is a glorious, AICN-vetted $47 million production (fronted by Jim Caviezel and Ron Perlman) that looks like the sober yet entertaining cousin of the Sam Raimi classic Army of Darkness. Alas, Outlander is only the latest film to fall victim to an innovative release strategy begun by Harvey and Bob Weinstein at Miramax and then perfected at their own Weinstein Company: buy distribution rights to an expensive movie, and then never release it theatrically!Says Dread Central:

Harvey Weinstein: New York's Least Charitable Mogul?

cityfile · 08/07/08 01:52PM

Harvey Weinstein has had trouble coming up with box office hits as of late (and has had to contend with speculation that his film company may not remain independent for much longer), but he's not exactly in the poor house. He's got a lavish townhouse in the Village and a massive spread in Connecticut. And he's diversified into cable channels, magazines, websites, bars, and fashion companies. Does he give back to the community? Not so much! At least not when it comes to writing checks in honor of his mother and late father, Miriam and Max, for whom his previous film company, Miramax was named (and which he sold to Disney for about $80 million in 1993). Last year, the Max Family Foundation, which is controlled by Harvey and his brother Bob, handed out $96,000. When you subtract the foundation's legal and accounting expenses, though, the Weinsteins' charitable contributions total just $64,000. Documentation after the jump!

A Guide to NYC's Celebrity-Owned Bars and Restaurants

cityfile · 08/05/08 01:01PM

There's probably been a time or two when you've been tempted to check out a restaurant or bar simply because some celebrity supposedly "owns" it. Maybe I'll see Justin Timberlake devouring a plate of ribs at Southern Hospitality! Or I'll spot Robert De Niro slurping on some pasta at Ago! Restaurateurs know this, too, of course, which is why they're all so eager to attach a celebrity name—any one will do!—to their ill-conceived bistro, brasserie, speakeasy, lounge, or barbecue shack. We don't want to be the ones to crush your dreams and tell you that there's no chance you'll see these famous faces at these venues. Just in case you're the more optimistic type—or just curious who has a stake in what—we happily introduce the Cityfile celebrity-owned restaurant/bar map!

Harvey Weinstein Battles Against The Philistines

cityfile · 07/24/08 09:11AM

On Portfolio.com's new business luminaries-authored blog, ("Playas"? Really?), everyone's favorite tyrannical movie mogul Harvey Weinstein gets some stuff off his chest. You might be surprised—disturbed, even—to hear that while he is tirelessly dedicated in his efforts to get people to appreciate profound, important indie films, all the goddamn media cares about is promoting crappy blockbusters and writing about "the youngest young starlet."

Harvey Weinstein Offers Rare, Brief Tour of Where His Movies Go to Die

STV · 07/18/08 04:20PM

What will the world do when it no longer has Harvey Weinstein to kick around any longer? This isn't a rhetorical question, either — at least it doesn't feel that way after the latest in a growing stack of Weinstein Company pre-mortems hit the trades over the last 24 hours. BusinessWeek was first with a relatively tame primer on TWC's flagging slate, including Bob Weinstein's prediction that the $171,000-grossing John C. Reilly comedy The Promotion "may make us a few bucks" when the dust settles on home video. No rush, Bob — Wall Street and your 21-cent Genius Products shares can wait.

Who Is Out to Get the Weinsteins?

cityfile · 07/03/08 08:07AM

Is someone is out to get Harvey Weinstein and his brother Bob? Yesterday Gawker posted an "exclusive" conversation between Weinstein and Joe Roth; today Page Six reveals it got the same tape and that a former Miramax employee "is writing an 'explosive' book about their management of Miramax, based on files and tapes compiled over a period of 15 years." The author of the book is anonymous, but Page Six misses what may be the clearest sign that whoever is behind the spectacle isn't playing with a full deck: "Many of the files and tapes we are working from were given to us by the late Stuart Meltzer, who worked directly for Bob as his assistant before he was killed in the World Trade Center attack in 2001. Stuart was extremely paranoid and saved and recorded everything." Except Stuart wasn't employed by Miramax. He was a 32-year-old energy broker at Cantor Fitzgerald when he died on Sept. 11. So that raises a big flag.

Surprise Tony-Winner Harvey Weinstein Milks 'Runway' and Broadway For Fun and Profit

STV · 06/20/08 05:20PM

Congratulations go out today (we think) to Harvey and Bob Weinstein, whose 2008 Mogul Comeback Tour finds them diversifying yet again en route to reclaiming some kind of surly, deep-pocketed mojo. It all starts on television, apparently, where the brothers plan to renew their old Miramax TV experiment with a full slate of new programming drawing on the success of Project Runway. One show, the late Anthony Minghella's No. 1 Ladies Detective Agency, has already found traction at HBO; the rest, however, comprises a mixed bag ranging from retreads to stillbirths — and that's before we even get to their plans for Broadway:

God Sheds a Tear, Shoots Self at News of 'Short Circuit' Remake

STV · 04/04/08 05:40PM

Mere days after the news of Bill & Ted's Excellent Adventure 3 flared a fresh ulcer in our cultural digestive tract, news over the wire says Bob Weinstein is planning his own Apocalypse Pre-Game Show with a remake of the 1986 hit Short Circuit. The original featured Steve Guttenberg and Ally Sheedy in top form as the annoying flesh-and-blood foils of a stupid fucking wise-cracking government robot named Johnny Five, who gets struck by goddamned lightning and finds Gadget Jesus or some bullshit that changes his whole global perspective to pro-peace/disarmament/"fuck you Ronald Reagan." But wait — it gets worse.