Harvey Weinstein put up the money and was the power behind some of the biggest films of the past 25 years.

Know as the “Oscar Whisperer”, the 65-year-old has been involved in the production of 20 films that have been nominated for best picture.  Lord Of The Rings: The Return Of The King, Shakespeare In Love and The English Patient all went on to win the Academy Award. Other films to get Oscar nominations include Pulp Fiction and Gangs of New York.

Harvey and his brother Bob Weinstein founded Miramax in 1979, turning it into a major  player before selling it to Disney in 1993. They continued to work with Miramax until 2005 when they quit to start Weinstein Company, which was responsible for The King’s Speech, Django Unchained and Silver Linings Playbook.

There have always been rumors about Harvey’s inappropriate treatment of women that worked for him. A New York Times article the past week alleged inappropriate behavior with women in the last 30 years. In it, actress Ashley Judd described being lured to Weinstein’s hotel room, to find him wearing a bathrobe and requesting sexual favors. It had claims from other women working for the company and  official settlements from people, including Rose McGowan, who was issued a $100,000 settlement. Now several more women have reportedly come forward to allege serious sexual misconduct.

In a statement, Weinstein said he “came of age in the 60’s and 70’s, when all the rules about behavior and workplaces were different. I have since learned it’s not an excuse, in the office – or out of it. To anyone. I realised some time ago that I needed to be a better person and my interactions with the people I work with have changed.”

The Weinstein Company announced on Sunday that its directors have fired Harvey Weinstein.

A statement released from the company read “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.”

If Harvey would have stayed on and continued to produce movies, every actress or actor working with him would forever be questioned about why they would support someone accused of sexual harassment. To this day same questions are asked of people that work with Woody Allen and Roman Polanski. The Weinstein Company had no choice but to fire its founder.