Harvey Weinstein fired

Harvey Weinstein has been fired from the film company he co-founded, three days after a New York Times investigation detailed numerous incidents of alleged sexual harassment by the media mogul.

The remaining board of directors at The Weinstein Company said the decision was made "in light of new information about misconduct by Harvey Weinstein that has emerged in the past few days."

Weinstein is Hollywood royalty. He produced "Shakespeare in Love," which won the best picture Oscar in 1999, and "Gangs of New York," which was nominated in the same category in 2003. Other hits include "The King's Speech" and "Django Unchained."

All of this was prompted by Thursday's Times expose, which revealed the powerful film producer has faced many accusations of sexual harassment spanning decades. He reached at least eight settlements with women between 1990 and 2015.

Weinstein's behavior had been the subject of whispers in Hollywood for decades. But he was mostly able to keep the allegations out of the press until this year.

"I cannot be more remorseful about the people I hurt and I plan to do right by all of them," Weinstein said in a statement.

Weinstein is a larger-than-life figure in the film world. His first major success came at Miramax Films, where he and his brother Bob championed prestige films and set a new bar while running awards campaigns by throwing expensive events in an attempt to lure voters.