Hollywood Breakdown
The perks of power, the limits of power
Several industry players are swept up in the college admissions scandal, including Bill McGlashan, who just resigned from TPG, an investment company with ties in Hollywood.
Bill McGlashan has also stepped down from STX Entertainment, the production company he co-founded. He was very involved in several nonprofit funds and causes specifically related to lifting up underprivileged youth, but in his private life, he was clearly playing by a different set of rules. And speaking of breaking all the rules, it's now been revealed that the scandal involving actress Charlotte Kirk and Warner Bros. CEO Kevin Tsujihara extends to several other people, including Millennium chief Avi Lerner and the upcoming 'Hellboy' remake.