After Weinstein was ousted from his position at the company, which he co-founded, he left 23 percent interest in the company up for grabs. According to TMZ.com Jay is one of several high-profile investors who are considering purchasing Weinsteinâs old shares.
Taking over the vacated equity would help Hov to grow his relationship with The Weinstein Company. He already has a deal to produce The Khalief Browder Story and a miniseries about Trayvon Martin.
He also has a first-look deal with The Weinstein Company.
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