Reports have emerged that Jay-Z is considering buying up disgraced movie executive Harvey Weinstein’s 23% stake in The Weinstein Company.
Hov worked with TWC to produce The Kalief Browder Story, and has also been in the process of producing a series about Trayvon Martin. TMZ reports that Jay-Z will be looking to take over the stake partners, and that the buy-in would include “several other investors including a famous movie producer and a billionaire.”
Harvey Weinstein is currently in a shit storm of controversy after an onslaught of sexual abuse allegations were made against him by many high-profile actresses. He was fired from TWC, the company he founded with his brother.
Many major actresses, such as Gwyneth Paltrow, Angelina Jolie, Rose Mcgowan and Cara Delevingne have issued public statements revealing stories of sexual harassment that feature Weinstein. As the days go by the stories just keep getting worse, none of this is good for the former film executive with all of Hollywood denouncing his actions.
Weinstein misquoted a Jay-Z lyric in his apology statement when addressing the allegations, writing: “JAY-Z wrote in 4:44, ‘I’m not the man I thought I was and I better be that man for my children.’ The same is true for me.”
The actual lyric, from the album’s title track, is: ““And if my children knew/ I don’t even know what I would do/ If they ain’t look at me the same/ I would prolly die with all the shame.”