harvey weinstein

Steve Bannon Once Profited From Ties to Harvey Weinstein

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Although Breitbart, the conservative news outlet run by former Trump adviser Steve Bannon, has been blasting high-profile Democrats this week for past campaign donations from Harvey Weinstein, liberals weren’t the only ones who profited from the embattled producer. The Associated Press reports that Bannon, in quite a hypocritical twist, gained hundreds of thousands of dollars from a joint business venture with the movie mogul. In 2004, Bannon, a former Goldman Sachs banker, was trying his hand at Hollywood investments and served as chairman of a small company distributing DVDs. At that time, he joined the the Weinstein Company’s ill-fated Genius Products. According to the AP, Bannon’s company received a $500,000 consulting contract from TWC, which was led by Harvey and his brother Bob Weinstein, with a $200,000 bonus for Bannon. He was also offered stock options in Genius Products that were then valued at over a $1 million.

Since the New York Times published its explosive investigative report that detailed decades of sexual-harassment allegations against Weinstein, Breitbart has posted dozens of stories about Democrats who were friendly with Weinstein, a frequent donor to the party. Hillary Clinton, Barack Obama, and others have since condemned Weinstein. Clinton announced on Wednesday that she would be donating Weinstein’s campaign contributions to charity.

Steve Bannon Once Profited From Ties to Harvey Weinstein