Ukrainian-Born Billionaire Industrialist Bails Out The Weinstein Brothers


The Weinstein Company has found someone willing to bankroll their movies: billionaire tycoon Leonard Blavatnik. They will find movies in the $10 million range, divvy up distribution, and split the profits fifty-fifty. In other words none of the movies will cost as much as the 23-room Madison Avenue apartment Blavatnik bought in 2007. That cost $150 million. [Deadline]