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Weinstein Expands TV Production Amid Search for Partners

July 9 (Bloomberg) -- Weinstein Co., the independent studio owned by brothers Harvey and Bob Weinstein, is clinching deals to expand TV production as the company’s founders consider selling a stake in the division.

Weinstein has signed with Discovery Communications Inc. for a third season of the reality series “Trailer Park: Welcome to Myrtle Manor,” according to an e-mailed statement today. The company announced plans in January to make an original series about Marco Polo for Netflix Inc.

Closely held Weinstein is looking for potential investors or joint-venture partners for its TV business as media and technology executives, including 62-year-old Harvey Weinstein, gather in Sun Valley, Idaho, for the annual Allen & Co. investment conference. The yearly gathering frequently spawns such transactions.

David Glasser, Weinstein’s chief operating officer, said in a July 3 interview the company is considering selling a stake in the TV division.

Projects in development include “The Breathing Method,” produced by Jason Blum from a Stephen King novel, another show based on Mario Puzo’s “Omerta,” and a series based on Akira Kurosawa’s “Seven Samurai.”

Weinstein is also working on an Egyptian detective series called “Book of the Dead,” according to the company.

Season 13 of the popular series “Project Runway” is scheduled to begin airing on A+E Networks’ Lifetime channel on July 24, while the third season of “Project Runway All Stars” wrapped up in January, according to Imdb.com, and a fourth is in development, the company said.

Weinstein is also working on local language versions of “Project Runway” for Italy, France and Middle East, the company said.

To contact the reporter on this story: Anousha Sakoui in London at asakoui@bloomberg.net

To contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net Rob Golum, Ben Livesey

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