
Film and entertainment company Weinstein Co. is selling off a controlling stake in
aSmallWorld.net. The invitation-only social networking site for the wealthy offers users a place to share information, advice, business opportunities and more. The
LA Times reports that Weinstein Co. sold its majority stake in aSmallWorld.net to Swiss mogul Patrick Liotard-Vogt. Liotard-Vogt part of the family that founded Nestle Corp. Harvey Weinstein's The Weinstein Company first invested in the company in 2006 and will retain a small stake. The network has been expanding lately which is a matter of concern for some people who would like the membership to remain small and exclusive.