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The Weinstein brothers are flailing. Why? Lack of focus.

14 pointsby adamhowellalmost 16 years ago

1 comment

adamhowellalmost 16 years ago
Classic case of a once successful company losing sight of what originally made them great:<p>"SO what happened? In part, the Weinstein Company is coping with the same problems facing every other studio, most notably the grim slowdown of the DVD market. But plenty of the Weinsteins’ wounds are also self-inflicted. Instead of using their lush, Goldman-fueled pile of start-up money to focus on filmmaking, the brothers ventured into such new realms as fashion (buying part of Halston, the once-storied label), online social networking (through A Small World, known informally as MySpace for Millionaires) and a piece of Ovation, the cable network."
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