Harvey Weinstein Fired As Sexual Harassment Allegations Pile

LOS ANGELES, CA — Amid revelations he settled lawsuits with at least eight women who accused him of sexual harassment over the course of decades, movie mogul Harvey Weinstein on Sunday was cut out of the picture by the media giant he co-founded.

Details of the firing were released in a statement from directors of The Weinstein Company.

"In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days, the directors of The Weinstein Company — Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar — have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately."

Watch: Harvey Is Out, But Scandal Could Still Affect The Weinstein Co.

The decision to oust Weinstein came after a frenetic three days of tense and sometimes turbulent negotiations, stemming from a New York Times story Thursday documenting a long history of sexual harassment allegations made against the 65-year-old Weinstein by ex-employees and associates that led to legal deals.

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Among the complaints outlined in the story was by actress Ashley Judd, who said Weinstein made improper sexual advances to her.

The entertainment publication Variety reported Sunday that Weinstein came to Los Angeles this weekend in a bid to save his job and refused when the board asked him to resign.

When Weinstein also turned down a board offer to cash him out, he was fired, Variety said.

Weinstein's fall from power likely was sealed when new accusers stepped forward, including British writer Liza Campbell and television reporter Lauren Sivan, who both claim to have experienced graphic encounters with him.

As the story snowballed into an avalanche, Weinstein attorney Lisa Bloom resigned on Saturday, as did legal adviser Lanny Davis.

Analysis: More Could Come Out On Weinstein

On Friday, Weinstein Company board members Marc Lasry, Dirk Ziff and Tim Sarnoff resigned.

Weinstein -- a longtime power-player in the Democratic party -- also had prominent Democrats such as U.S. senators Elizabeth Warren, Chuck Schumer and Cory Booker distance themselves from him, turning campaign contributions from Weinstein over to charity.

Well-known actors such as Seth Rogen, Lena Dunham, Brie Larson and Judd Apatow also have condemned Weinstein and offered support for his accusers.

For his part, Weinstein — who co-produced a litany of popular films like "Pulp Fiction" and Oscar-winner "Shakespeare In Love" — has claimed innocence of some of the accusations, but also admitted to unseemly behavior and offered apologies for it.

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

The Weinstein Co. will also rename itself, a person with knowledge of the decision said. The person, who was not authorized to speak publicly, said the name change is expected to take some time, but "it will happen."

The Weinstein Co. is also moving to pull Weinstein's name from the credits of several upcoming television series, including "Waco" and "Yellowstone."

City News Service; Photo: Harvey Weinstein arrives at the Oscars in Los Angeles. Weinstein is taking a leave of absence from his own company after The New York Times released a report alleging decades of sexual harassment against women, including employees and actress Ashley Judd. (Photo by Jordan Strauss/Invision/AP, File)

The Associated Press contributed to this report.