TWC To Sell Off TV Division?
Will TWC sell off its TV division? Maybe. Maybe not. Variety quotes a source close to The Weinstein Company as saying it is investigating opportunities for a possible spinoff of its TV division. Same source says it is also looking at options for taking the company public or raising further funds. TWC has a lending arangement with Union Bank, with $150 million of a 370 million available to Weinstein, aimed at television.www.facebook.com/MarleneEdmundsMediaConsulting