According to TMZ reports, Harvey Weinstein was apologetic and contrite
during the Board of Directors meeting Tuesday
when he resigned under pressure from the
Board .. . sources connected to the meeting tell
TMZ .
We 're told there was no screaming , no yelling , no anger .
Harvey Weinstein told the Board , " I have a real problem, "
and then apologized for the "trouble and confusion " he
caused TWC .
We 're told Weinstein, who was on speaker phone from
Arizona , told the Board he needed to build a new life and
move on .
Our sources say everyone sounded conciliatory .. . partly
because the handwriting was on the wall . The Board made
it clear Weinstein had a legal obligation to resign from the
Board after it ratified his firing from TWC . He did just that.
Harvey , we 're told, was " peaceful" during the meeting and
Bob was subdued.
We 're told the sense of the Board is that Harvey Weinstein
will not force his firing to arbitration or court .
Our sources say both Harvey and Bob Weinstein have an
overriding interest in making sure Colony Capital succeeds
in restructuring the company - - money . The each have
roughly 21 % equity interest in TWC , and if the company
fails , they walk away with nothing .
As one source put it , " Harvey and Bob have a huge stake in
making sure Colony Capital can put Humpty Dumpty back
together again ."
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