Netflix has pulled out of a partnership with The Weinstein Co. that has seen the two companies co-hosting a Golden Globes party for the past three years. Variety notes that the party has been the most public partnership between the companies.
Variety quotes a Netflix spokesperson saying: “We have no plans to partner with other studios for upcoming events.”
“The decision not to co-sponsor a party with the embattled Weinstein Company comes in the wake of the massive sexual-assault and -harassment scandal that has engulfed the TWC co-founder Harvey Weinstein and thrown the future of the film and television production company into question,” Variety notes.
The report adds: “Netflix executives were asked in an interview last month pegged to the company’s earnings report whether the streaming service would be interested in buying the Weinstein Company. CEO Reed Hastings all but rejected the idea. ‘It would be extremely unlikely for us to be a bidder for the firm,’ he said.”