JAY-Z might be looking to acquire Harvey Weinstein's stake in The Weinstein Company
Before The New York Times published its story exposing the many allegations of sexual harassment that have been brought against producer Harvey Weinstein, JAY-Z had been working with him and The Weinstein Company on a few documentary projects—specifically Spike’s Time: The Kalief Browder Story and an upcoming Trayvon Martin series. Weinstein has now been fired from the production company he co-founded, but JAY-Z might not be finished working with The Weinstein Company. In fact, TMZ says that he might even be interested in partly taking over Weinstein’s 23 percent stake.
JAY-Z isn’t the only one preparing to possibly make this bid, though, as TMZ says he’s working with a few other investors “including a famous movie producer and a billionaire.” It’s unclear why this billionaire in particular can’t just take over Weinstein’s stake themselves, but it’s probably because JAY-Z is the one spearheading this plan.