May 25, 2018

Axios PM

By Mike Allen
Mike Allen
1 big thing: Two major #MeToo updates

Harvey Weinstein arrives for arraignment at Manhattan Criminal Courthouse in handcuffs after being arrested today. Photo: Steven Ferdman/Getty Images

Harvey Weinstein surrendered to police today in New York City and was led away in handcuffs before being arraigned on charges related to the sexual abuse allegations that helped to launch the #MeToo movement.

Why it matters: A powerful man was in handcuffs today, a direct result of brave women coming forward, aided by journalists who faced down legal threats along the way, to tell their stories.

Weinsten's early accusers rejoiced online:

  • Annabella Sciorra tweeted ahead of his arrival at the police precent: "Anyone know where I can get front row seats?!"
  • Asia Argento shared a video of his arrival and added: "What took you so long Harvey?"
  • Rose McGowan: "We got you, Harvey Weinstein, we got you."

Intriguing detail from the arrest, via the AP:

  • "Weinstein arrived at a New York police precinct holding Richard Schickel’s biography of the late stage and film director Elia Kazan and Todd Purdum’s 'Something Wonderful: Rodgers and Hammerstein’s Broadway Revolution.'"
  • "In an earlier time, both biographies would have been likely film projects for the disgraced movie mogul, who pleaded not guilty to charges he raped one woman and forced another to perform oral sex."

P.S. Mario Batali’s Las Vegas restaurants are closing in late July, the AP reported today. The chef faces multiple sexual misconduct allegations. Go deeper.

2. What you missed

A U.S. Navy graduate celebrates after he received his diploma at the Navy-Marine Corps Memorial Stadium of the U.S. Naval Academy. Photo: Alex Wong/Getty Images

  1. The Trump administration has officially proposed cancelling the International Entrepreneur Rule, which allows foreign entrepreneurs to legally stay in the U.S. to build their companies, provided they meet a host of business requirements. Go deeper.
  2. Polls close in Ireland at 5pm EST tonight in a referendum on whether to remove an abortion ban from the country's constitution. Go deeper.
  3. The NBA and gambling industry are set for a fight over "integrity fees," which the league wants in a future of legalized state-level sports gambling. Go deeper.
  4. Michael Cohen took part in a Trump Tower meeting with billionaire Russian oligarch Viktor Vekselberg eleven days before Trump's inauguration, reports the New York Times.
  5. Pharma mergers are reducing the number of new medicines coming to market, says a new working paper that determined 5% more drugs would become available each year if not for what they refer to as "killer acquisitions." Go deeper.
  6. Keith Olbermann "is expanding his role at [ESPN] as part of a new agreement that will see him guest-anchoring approximately 20 episodes of the 11 p.m. edition of SportsCenter," per the Hollywood Reporter. Go deeper.
3. 1 quick list

The top paid CEOs of 2017, according to the Associated Press and Equilar, an executive data firm:

  1. Hock Tan, Broadcom, $103.2 million
  2. Leslie Moonves, CBS, $68.4 million
  3. W. Nicholas Howley, TransDigm, $61 million
  4. Jeffrey Bewkes, Time Warner, $49 million
  5. Stephen Kaufer, TripAdvisor, $43.2 million
Mike Allen