Harvey Weinstein and his former studio board members have reportedly reached a tentative $44 million (£35 million) deal to settle lawsuits by women who accused him of sexual misconduct.
Lawyer for studio co-founder Bob Weinstein, Adam Harris, told a bankruptcy court that an “economic agreement in principal” had been reached.
A source familiar with the negotiations said it would be $44 million.
More than 15 lawsuits have been filed accusing Weinstein or the company of misconduct. The settlement would cover many of them, including a class action by alleged victims and a suit by the New York attorney general.
The scandal forced the studio into bankruptcy.
Weinstein also faces criminal charges of rape and performing a forcible sex act. He denies all allegations of non-consensual sex.
Agencies contributed to this report
