JAY-Z is considering a purchase of Harvey Weinstein's interest in his company, The Weinstein Company, TMZ reports. Weinstein was fired from the company he co-founded on October 8 after many actresses went on record with The New York Times, describing multiple instances of sexual abuse by Weinstein spread over his decades spent as one of the most powerful men in Hollywood.
In 2016, JAY-Z signed a first-look deal with The Weinstein Company. TMZ's report cites "multiple sources connected" to JAY-Z, who claim that the rapper "wants his relationship with the company to continue and grow." Other investors would join JAY-Z in the purchase of Harvey Weinstein's 23% stake in the company.
Along with Harvey, JAY produced Time: The Kalief Browder Story, a six part documentary which premiered in March. JAY's upcoming projects with The Weinstein Company include an adaptation of Lin-Manuel Miranda's In The Heights, a Trayvon Martin miniseries, a program exploring race in America hosted by JAY-Z, and a Richard Pryor biopic.
Harvey Weinstein appeared to misquote JAY-Z's 4:44 in his open letter responding to The New York Times's report.
The FADER has reached out for comment.