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Article snippet: LOS ANGELES — As talk of a sale or shutdown swirled around the embattled Weinstein Company on Friday, the studio’s co-founder Bob Weinstein tried to paint a picture of stability, saying that “business is continuing as usual” and outlining plans for film releases through February. “Our banks, partners and shareholders are fully supportive of our company, and it is untrue that the company or board is exploring a sale or shutdown of the company,” Mr. Weinstein said in a statement. But two people briefed on recent discussions by Weinstein Company board members said that any hope of the studio continuing in its current form was wishful thinking. More likely, said these people, who spoke on the condition of anonymity to comply with confidentiality strictures, the boutique movie and television company will be sold in pieces, although options are still at an early stage. There has been a conversation with at least one investment bank. Moreover, one woman who works at the Weinstein Company described an operation in chaos on Friday, with phones going unanswered and some staff members in revolt. Nicole Quenqua, formerly the company’s top spokeswoman, said she was no longer giving company statements to reporters. Over the past week, the Weinstein Company has been at the center of a widening crisis involving Mr. Weinstein’s brother, Harvey. Investigations by The New York Times and The New Yorker revealed sexual harassment and rape allegations against Harvey Weinstein going ba... Link to the full article to read more