The Weinstein Company Names Lee Solomon Chief Operating Officer

The Weinstein Company Names Lee Solomon Chief Operating Officer

NEW YORK, Feb. 4 /PRNewswire/ -- Lee Solomon has been named chief operating officer of The Weinstein Company, it was announced today by company co-chairman Bob and Harvey Weinstein.

Using his deep experience in entertainment finance, negotiations, acquisitions, and global content distribution, Solomon will serve as a key strategic architect, overseeing all operational and financial aspects of the Company, with the specific mandate of continuing to build up the Company's multitiered success since its inception two years ago. Specifically, Solomon will advise and direct the Company in its investments and priorities related to movies, television, emerging technologies and other new business ventures. He will work from The Weinstein Company's offices in New York City and will report directly to Bob and Harvey Weinstein.

"Lee will be an extremely valuable addition to The Weinstein Company team," stated Bob and Harvey Weinstein. "He is an exceptionally well respected executive, who brings a wealth of financial and industry experience to the position. His institutional and historical understanding of our business, coupled with his reputation in entertainment finance will be a huge asset in ensuring that TWC continues to boldly grow and build. We are very pleased to have brought such an attractive talent to the Company and look forward to seeing his skills utilized in the future."

"In just two years, the Weinsteins have created a diverse and successful multi-tiered business model and I am so pleased to have an opportunity to help ensure that the momentum continues to move forward," stated Solomon. "Bob and Harvey are two of the most accomplished and focused executives in the entertainment industry and they have created one of the best senior teams around. I have tremendous respect for the kind of Company they have all created, the vision that they defined and the great potential for the future."

Before joining The Weinstein Company, Solomon served as a Principal at Grosvenor Park, one of the world's leading providers of equity, debt, and tax- based financing in the motion picture industry. During his tenure, he was instrumental in arranging for the financing of twenty-eight motion pictures including most recently, Ed Zwick's "Defiance," starring Daniel Crag; "Righteous Kill," starring Robert DeNiro and Al Pacino; and "The Code," starring Morgan Freeman and Antonio Banderas. Before joining Grosvenor Park, Solomon was the Executive Vice-President of Business Affairs for Helkon Media. Prior, Solomon was a consultant to film producer Edward R. Pressman while concurrently holding the position of Executive Vice President and Chief Operating Officer for Quadra Entertainment.

He holds an M.B.A. from The Stern School of Business at New York University with an emphasis in Finance and a B.A. from the University of Rochester. He is married with three children.

About The Weinstein Company

The Weinstein Company (TWC) was created by Bob and Harvey Weinstein, the brothers who founded Miramax Films Corporation in 1979. TWC is a multi-media company that officially launched on October 1, 2005. Dimension Films, the genre label that was founded in 1993 by Bob Weinstein, is also included under the TWC banner.

During the Weinsteins' tenure at Miramax Films the company released some of the most critically acclaimed and commercially successful independent feature films which received 249 Academy Award(R) nominations and won 60 Oscars(R), have generated billions of dollars in worldwide box office receipts and billions more in home video sales. In its history, Dimension Films has released some of the most successful franchises including "Scream," "Spy Kids" and "Scary Movie".

Source: The Weinstein Company

CONTACT: Matthew Frankel of The Weinstein Company, +1-646-862-3878,
matthew.frankel@weinsteinco.com

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