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Employee Retention of Weinstein Company

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Employee Retention of Weinstein Company
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Pratik Kukreja
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Employee Retention of Weinstein Company - April 25th, 2011

The Weinstein Company (TWC) is an independent American film studio founded by Bob and Harvey Weinstein in 2005 after the brothers left the then-Disney-owned Miramax Films, which they had co-founded in 1979. They retained ownership of the Dimension Films label of Miramax.

Their first releases in 2005 included the dramatic thriller Derailed (starring Jennifer Aniston and Clive Owen), the offbeat comedy-drama Transamerica (starring Felicity Huffman) the computer-animated family film Hoodwinked, the World War II-era comedy-drama Mrs. Henderson Presents (starring Judi Dench and Bob Hoskins) and the caper comedy The Matador (starring Pierce Brosnan and Greg Kinnear).
In February 2006, TWC announced a distribution pact with Metro-Goldwyn-Mayer.[2] MGM distributed the product domestically in theaters, while TWC will retain long-term ownership of their product.
In July 2006, the Weinsteins and Robert L. Johnson announced the creation of a joint venture studio titled Our Stories Films, which will distribute African-American-oriented films.[3] In late August 2006, it was announced that TWC and co-investors Hubbard Media Group purchased Ovation TV, an arts-focused cable channel.[4]
In November 2006, TWC announced a three-year deal with Blockbuster Video to give the video renting company exclusive rights for rentals starting on January 1, 2007.[5] However, under the First Sale Doctrine of United States copyright law, other rental companies are able to rent copies of the company's movies purchased at retail.

Harvey and Bob maxed out? Never! The founders of Miramax, Harvey and Bob Weinstein, left that company in 2005 when they ended their 11-year relationship with Disney Studios. Immediately after exiting Disney, giving up the name Miramax as well as its valuable film library, the brothers started The Weinstein Company and began working on the production and acquisition of projects under the new moniker. Weinstein Co. has a library of more than 100 titles, including The King's Speech and Vicky Cristina Barcelona. It also owns TV show Project Runway (airing on Lifetime) and the Dimension genre film label. The brothers own the firm; investors include Goldman Sachs, French TV company TF1, and ad firm WPP Group.

The Weinstein Company was created in March of 2005 by Bob and Harvey Weinstein, the brothers who founded Miramax Films Corp. in 1979. They will remain co-chairs of Miramax on a non-exclusive basis through September 30, 2005. The Weinstein Company is a multi-media company in its formative stage and will officially launch in October, 2005. Dimension Films, the genre label that began with Miramax, will also be included under The Weinstein Company banner. The Weinsteins are actively working on the production, development and acquisition of projects for The Weinstein Company. While at Miramax, the Weinsteins released some of the most critically acclaimed and commercially successful independent feature films of the past decade. They recieved 249 Academy Award nominations and a record 16 Best Picture nominations over the past ten consecutive years. Some of these films include: The Aviator, Finding Neverland, Chicago, Gangs of New York, In the Bedroom, Chocolat, The Cider House Rules, Shakespeare In Love, Life Is Beautiful (La Vita Bella), Good Will Hunting, The English Patient, Il Postino (The Postman), Pulp Fiction, The Piano and The Crying Game.

Since the separation agreement, the Weinsteins have acquired the following titles to be released by The Weinstein Company: "Decameron," "Last Legion," "Young Hannibal," "Hoodwinked! The True Story of Red Riding Hood," "Transamerica," "Nomad," "Outlander," "Stormbreaker," "Lucky Number Slevin," and "The Promise." Other titles to be released by The Weinstein Company include "Derailed," "Wolf Creek." "Mrs. Henderson Presents," "Kill Bill:NC 17," "Breaking and Entering," Scary Movie 4," "Matador," "Sin City 2," "Pulse," "Passion of The Clerks," "Come Closer," "Unknown," the fourth movie in the Teenage Mutant Ninja Turtles Series, "School for Scoundrels," and "Grind House."

All materials contained in any The Weinstein Company Site are the copyrighted property of Weinstein Company LLC, or its subsidiaries or affiliated companies and/or third party licensors. All trademarks, service marks, and trade names are proprietary to Weinstein Company LLC or its affiliates. No material from any The Weinstein Company Site or any Internet site owned, operated, licensed, or controlled by us or our affiliates may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy of the materials on any single computer for your personal, non-commercial home use only, provided that (i) you keep intact all copyright and other proprietary notices, (ii) you make no modifications to the materials, (iii) you do not use the materials in a manner that suggests an association with any of our products, services, or brands, and (iv) you do not download quantities of materials to a database that can be used to avoid future downloads from any The Weinstein Company Site. For purposes of these terms, the use of any such material on any other Web site or computer environment is prohibited. All trademarks, service marks, trade names and trade dress are proprietary to us. In the event you download software from any The Weinstein Company Site, the software, including any files, images incorporated in or generated by the software, and data accompanying the software (collectively, the "Software") are licensed to you by us or third party licensors for your personal, non-commercial home use only. We do not transfer title to the Software to you. You own the medium on which the Software is recorded, but we (or third party licensors) retain full and complete title to the Software and all intellectual property rights therein. You may not redistribute, sell, de-compile, reverse engineer, disassemble, or otherwise reduce the Software to a human-readable form.

It is our policy to respect the privacy of all customers. Therefore, in addition to the privacy of Registration data (see our Privacy Policy), we will not monitor, edit, or disclose the contents of a customer's e-mail unless (a) you authorize us to do so, (b) we must do so in order to resolve technical problems on any The Weinstein Company Site; or (c) unless required to do so by law or in the good-faith belief that such action is necessary to: (1) comply with the law or comply with legal process served on us; (2) protect and defend our rights or property; or (3) act in an emergency to protect the safety of our customers or the public. Customers shall remain solely responsible for the content of their messages. We reserve the right to remove or edit content from any Forum at any time and for any reason. By uploading materials to any Forum or submitting any materials to us, you automatically grant (or warrant that the owner of such materials expressly granted) us a perpetual, royalty-free, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate, publicly perform and display, create derivative works from and distribute such materials or incorporate such materials into any form, medium, or technology now known or later developed throughout the universe. In addition, you warrant that all so-called "moral rights" in those materials have been waived. When participating in a Forum, never assume that people are who the say they are, know what they say they know, or are affiliated with whom they say they are affiliated with in any chat room, message board, or other user generated content area. Information obtained in a Forum may not be reliable, and it is not a good idea to trade or make any investment decisions based solely or largely on information you cannot confirm. We cannot be responsible for the content or accuracy of any information, and shall not be responsible for any trading or investment decisions made based on such information.

Mr. Weinstein was born in Chicago, Illinois, and is a Graduate of University of Illinois at Champaign-Urbana (1982) with a B.S. in Accounting, of University of Southern California (1985) with a J.D. in Law, and of The George Washington University (2002) with an LL.M. master of laws and MPH master of public health. His thesis at The George Washington University was entitled: “ERISA Group Health Plan Fiduciaries Must Emphasize Quality Medical Care.” He is also licensed to practice law in Illinois, Nevada and Washington DC, and is licensed as a CPA in Texas.

Mr. Weinstein began his career in employee benefits at the accounting firm of Arthur Andersen in Chicago (1985-1992). He was the plan administrator of a $50M+ annual self-funded health and welfare trust fund with more than 25,000 persons for the Clark County Education Association in Las Vegas, Nevada, where he turned a $5.2M deficit around into a $10M surplus (1992-2000). While attending graduate school in Washington, DC after 15 years as an employee benefits specialist practitioner, Mr. Weinstein served as a fellow at the Employee Benefit Research Institute (2001-2002). In 2002 Mr. Weinstein began as Chief Financial Officer of Anesti Pharmaceuticals, a start-up specialty pharmaceutical company that was formed to acquire and remarket neurological disorder prescription drugs.

In 2003 Mr. Weinstein began his current position as CEO of the Independent Colleges and Universities Benefits Association (ICUBA); the only licensed and regulated self-funded Multiple Employer Welfare Arrangement (MEWA) in Florida operating as a Voluntary Employees’ Beneficiary Association (VEBA). Under Mr. Weinstein’s leadership, ICUBA has grown by more than 70%, currently covering more than 13,000 people. Per employee per year annual premium increases have been less than seven percent for seven of the last eight open enrollments. Mr. Weinstein is currently working to make wellness improvements for the people covered by ICUBA and to increase the number of people ICUBA covers.

Last edited by pratikkk; April 25th, 2011 at 07:04 PM..
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