Killer Content Inc., the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said yesterday that bankruptcy may be the best way forward for the U.S. film and TV studio, Reuters reported. Killer Content’s comments come as the studio continues to grapple with the fallout of sexual harassment allegations against its former co-chairman, Harvey Weinstein, who left the company three months ago. More than 70 women have accused Harvey Weinstein of sexual misconduct, including rape. He has denied having non-consensual sex with anyone. Reuters has been unable to independently confirm any of the allegations. The Weinstein Company has been looking for a buyer or rescue financing since last fall. The company’s investment bankers at Moelis & Co. have been focused on an outright sale, rather than a debt restructuring or bankruptcy. Killer Content said in a statement that it remained interested in acquiring the assets of the Weinstein Company, but that a sale process may not be the best way for the company to address its liabilities.
