Magazine article Screen International

David Glasser to Stay at TWC

Magazine article Screen International

David Glasser to Stay at TWC

Article excerpt

Glasser, who announced in July that he would step down in November and is believed to have been in talks with DreamWorks Animation and Netflix, will now remain in his role through 2018 and play a key part in growing the TV side of business at The Weinstein Company (TWC), where titles include Project Runway, Scream and War And Peace.

The TWC publicity machine issued on Wednesday a triumphalist press release in which Bob Weinstein hailed Glasser as the "third brother", Harvey spoke about "Miramax 2.0" and Glasser himself said TWC's most ambitious years lay ahead.

Away from the rhetoric, insiders expressed a mixture of surprise and delight that the executive would remain in the fold.

"It's about money," said one, while another speculated that Glasser might have stipulated that his return be contingent upon more time with his family as a buffer against the notoriously hard-charging and single-minded brothers.

If that is the case, a report on Deadline Hollywood does not augur well. Apparently Glasser was celebrating his 20th wedding anniversary in Los Cabos over the long Labor Day weekend when the brothers - who knew about the get-away - decided to call, triggering a lengthy negotiating process that would consume most of the weekend.

"He's a superstar and they couldn't be without him," said a source who has regular dealings with Glasser. "For the brothers to do this is unheard of. It shows you what a rockstar David is."

Glasser joined from Syndicate Films in 2008 as president of international sales and became COO the following year. He has been instrumental in structuring a strategic partnership with Netflix, rebuilding the company's finances, pursuing must-have acquisitions and persuading the Weinsteins to focus on the core business of content. …

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