Bob Weinstein, co-founder and co-chairman of Weinstein Co. and Miramax, has long been overshadowed by his older brother Harvey, even when his Dimension Films label was producing most of the profits through commercial hits such as the "Scream," "Scary Movie" and "Spy Kids" franchises.Now, in a sudden turn of events, Bob Weinstein is attempting to wrest control of the Weinstein Co. as his high-profile sibling fights for his professional life amid allegations of sexual harassment and inappropriate behavior stretching back...
Weinstein presides over movies like the horror Scream, Scary Movie and Spy Kids franchises that are crafted for box office and not awards, after founding the genre-film unit now called TWC-Dimension in 1993. With the overall independent film business struggling economically today, Weinstein helps steer TWC to the booming TV program business including “Project Runway” on Lifetime. He shepherded the “Scream: The TV Series” on MTV and Stephen King’s “The Mist” for Spike TV.
To monetize assets, Weinstein came close to selling TWC’s TV program arm to UK broadcaster ITV in 2015 for a reported $950 million. Observers expect TWC to pursue initiatives to raise cash to appease reportedly restive shareholders.
Weinstein co-founded TWC in 2005 with his brother Harvey, gathering around 30 investors that include Goldman Sachs, WPP Group, TF1 Group and Technicolor. The two brothers reportedly own just under half.
Weinstein dropped out of State University of New York at Fredonia to join his brother in produce music concerts and moved to film in 1979 launching Miramax Films, which they eventually sold.