Jay-Z Reportedly Considering Buying Harvey Weinstein's Stake In The Weinstein Company

The Hip Hop mogul partnered with the Hollywood producer for docs about Kalief Browder and Trayvon Martin.

(AllHipHop News) After firing its founder Harvey Weinstein, The Weinstein Company is in the process of rebranding itself. News continues to break about accusations of the award-winning producer sexually assaulting numerous women, and the Hollywood business is ready to move on from the alleged predator.

Sources tell TMZ Shawn "Jay-Z" Carter is considering investing in the company. The Hip Hop mogul is reportedly connecting with other investors to potentially purchase Weinstein's 23% interest.

Jay partnered with Weinstein to produce Spike’s The Kalief Browder Story. They were also working on a documentary about Trayvon Martin based on the book written by the slain teenager’s parents Sybrina Fulton and Tracy Martin.

"We’ve know each other socially and we’ve always talked about doing something together. I think we understand each other,” said Weinstein about Carter in April. “People look at Jay Z and they don’t say, ‘That’s a well-read guy,’ and people look at me and think the same thing, but we’re both extremely well-read. That’s the surprise of the whole thing, and it’s what makes it work. He’s one of the most brilliant men I know."

Harvey messed up when he let other people take control of his company, board of directors fired him. If I'm Jay I would not invest in the company because Jay will not have any power, they will just be using his money and hopefully he makes some money, but he won't have any decision making power. I'm owner of a couple small businesses and I've been presented with offers to be involved in others, but I declined because I would have just been a minority investor without power in regards to decision making. Jay already did this when he was a micro investor in the NJ Nets...

ZUBU, this is a yes no maybe situation, at 23% he would be a majority stock holder as oppose to a micro investor like the Nets deal, so he would have more power and weight in the decision making process of the company. The only other person with power like that in the company would be the co-founder, all other investors and board members would be minority share holders. I have a few businesses myself and currently doing series A funding right now for another business i'm starting up.

700 mill and still aint got it fuckn airhead

More to read in News
false