Harvey Weinstein fired after harassment allegations

Weinstein, the Oscar-winning movie studio, fired co-founder and guiding creative force

Harvey Weinstein, just days after he stepped away from the company over allegations of sexual harassment stretching back decades.

Weinstein, 65, had taken a leave of absence from the company he started with his brother Robert after the New York Times said he had reached settlements with at least eight women claiming to have been harassed by him.

Among those were at least three employees and an unidentified actress, the Times said.

"In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days" the board informed "Weinstein that his employment is terminated, effective immediately," the company said in an email Sunday.

The one-sentence statement culminated a swift fall for the longtime movie mogul and marked a new period of uncertainty for the company, which has struggled financially despite its artistic accolades.

The independent studio is being led by co-Chairman Robert Weinstein and Chief Operating Officer David Glasser.

Weinstein, known for aggressive awards campaigns that led to Oscars for movies like "Shakespeare in Love," denied many of the allegations and told the New York Post the report was unfair.

Three board members at New York-based Weinstein resigned Friday, according to Deadline. The remaining directors —Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar—hired outside lawyers to investigate the allegations.

Harvey Weinstein, considered to be one of the strongest names for Indie films, has been thrown out of his own company after recent harassment allegations.

The founder of the 'Weinstein Company' was terminated on Sunday as the co-chairman of the company after sexual harassment allegations came to light in a leading U.S. daily, according to The Hollywood Reporter.

A statement issued by the company's board read, "In light of new information about the misconduct by Harvey Weinstein that has emerged in the past few days, the directors of The Weinstein Company - Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar - have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately."

Many Hollywood stars applauded the move by the Weinstein Co. board.

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