▁company ▁entered ▁into ▁a ▁five - year ▁multi - picture ▁finan cing ▁agreement ▁with ▁World view ▁Entertainment . ▁However , ▁World view ▁fin anced ▁only ▁the ▁period ▁drama ▁Tul ip ▁F ever ▁due ▁to ▁financial ▁difficulties ▁as ▁a ▁result ▁of ▁the ▁departure ▁of ▁CE O , ▁Christopher ▁Wood row . ▁ ▁In ▁April ▁ 2 0 1 5 , ▁The ▁Wein stein ▁Company ▁was ▁closing ▁in ▁on ▁a ▁deal ▁to ▁sell ▁its ▁TV ▁division ▁to ▁British ▁network ▁I TV ▁for ▁$ 9 5 0 ▁million ▁but ▁the ▁deal ▁was ▁ground ed ▁in ▁May . ▁That ▁same ▁year , ▁the ▁company ▁announced ▁that ▁around ▁ 4 0 – 5 0 ▁lay offs ▁would ▁occur ▁due ▁to ▁the ▁box ▁office ▁failure ▁of ▁the ▁comedy - d rama ▁Bur nt ▁among ▁other ▁factors . ▁Short ly ▁after , ▁T W C ▁announced ▁they ▁would ▁no ▁longer ▁release ▁the ▁normal ▁ 1 8 ▁films ▁per ▁year , ▁instead ▁the ▁company ▁will ▁release ▁ 8 – 1 0 ▁films ▁per ▁year , ▁and ▁will ▁make ▁fewer ▁ac quis itions ▁at ▁film ▁festiv als . ▁ ▁In ▁July ▁ 2 0 1 5 , ▁T W C ▁CO O ▁and ▁president ▁David ▁G lass er ▁briefly ▁left ▁the ▁company ▁amid ▁a ▁string ▁of ▁company ▁ex its , ▁but ▁then ▁in ▁September , ▁he ▁rejo ined ▁the ▁company ▁and ▁will ▁stay ▁as ▁its ▁CO O ▁and ▁president ▁until ▁ 2 0 1 8 . ▁Har vey ▁Wein stein ▁also ▁open ly ▁expressed ▁interest ▁in ▁re ac qu iring ▁Mir am