Ortenberg Quits; Big Weinstein Setback

Coincides with announced wave of layoffs at the company this week

In a big loss for the Weinstein Company, president of theatrical films Tom Ortenberg has asked to be relieved from his contract "for personal reasons," he told TheWrap on Friday.

"I asked for and was granted a release from my contract with The Weinstein Co, for personal reasons. My last day with the company will be Sept 30," he said.

Ortenberg, who left Lionsgate to join TWC just eight months ago, thanked Harvey and Bob Weinstein in his statement and said, "I am particulalry proud of my collaboration with them and the incomparable Quentin Tarantino on ‘Inglourious Basterds, which has truly been one of the highlights of my career."

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