ITV is on the verge of paying up to $950m (£630m) for the TV division of The Weinstein Company, the production studio set up by veteran film and TV producer Harvey Weinstein and his brother Bob, according to reports. The Hollywood Reporter reports that an initial payment for TWC’s TV arm would total between $300m and $400m with bonuses and payouts potentially tripling the figure.
For the full story read The Guardian and Independent