Weinstein company will not get planned cash infusion

The Weinstein Co. is looking for a new financial lifeline after a preliminary agreement for an immediate cash infusionfrom Colony Capital fell through. Last week, Colony, the private equity firm run by Thomas J. Barrack Jr., reached a preliminary agreement to provide much-needed cash to the studio, which has been thrown into turmoil by allegations of sexual harassment and rape against its co-founder Harvey Weinstein.

Colony was also given a limited period to exclusively pursue the purchase of some or all of The Weinstein Co.’s assets. But those plans have changed. Colony has not and will not provide a cash infusion, according to two people briefed on the matter, who spoke on the condition of anonymity. Representatives for Colony and The Weinstein Co. declined to comment.