FIRST AIRED: November 20, 2017

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Transcript

00:00:00
>> Get in there, girlfriend.>> A sweeping culture change could be coming to the Weinstein Company if this woman has her way. Maria Contreras-Sweet, a Mexican immigrant and former member of the Obama administration, has made a $275 million offer for the beleaguered film studio once run by Harvey Weinstein, who was fired from the company amid multiple sexual abuse claims by women.
00:00:25
But her bid, backed by a consortium of investors, may have less to do with the price tag and more to do with righting the alleged wrongs of the former Hollywood mogul. Contreras-Sweet, the one time head of the US Small Business Association and founder of Latino owned Pro America Bank, is offering terms in which she would be executive chair of a majority female board.
00:00:47
And proposing to establish a $30 million fund for Weinstein's alleged victims, along with a mediation process to reach settlements with them. The studio has been trying to secure a buyer or massive financing in the wake of the claims against Weinstein. A source telling Reuters, more the 20 other potential bidders are mulling offers.
00:01:07
Reuters has been unable to independently confirm any of the abuse allegations made against Weinstein. He's denied having non-consensual sex with anyone.