Weinstein, Accusers Reach Tentative $25M Settlement

Dozens of Harvey Weinstein's accusers have reached a tentative $25 million payout deal with the movie mogul and his studio board as part of a larger $47 million settlement, the New York Times reports.

The big picture: The overall settlement — meant to close out the Weinstein Company's obligations as it works through bankruptcy proceedings — would reportedly "bring to an end" to nearly all sexual harassment and rape lawsuits against Weinstein, per the NYT.

The tentative deal reportedly does not require Weinstein "to admit wrongdoing or pay anything to...

After two years of legal wrangling, Harvey Weinstein and the board of his bankrupt film studio have reached a tentative $25 million settlement agreement with dozens of his alleged sexual misconduct victims, a deal that would not require the Hollywood producer to admit wrongdoing or pay anything to his accusers himself, according to lawyers involved in the negotiations.

The proposed global legal settlement has gotten preliminary approval from the major parties involved, according to several of the lawyers. More than 30 actresses and former Weinstein employees, who in lawsuits have...