Jul 03, 2014 02:17 PM EDT By Rachel Levine

‘Mob Wives’ Season 5: VH1 Show Could Be Part Of Shocking Upcoming Weinstein Company Sale [VIDEO]

Could Mob Wives' future be in jeopardy? According to a new report on July 2, The Weinstein Company is trying to sell off its television division, which owns shows such as the VH1 reality program and Project Runway.

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Could Mob Wives' future be in jeopardy? According to a new report on July 2, The Weinstein Company is trying to sell off its television division, which owns shows such as the VH1 reality program and Project Runway.

Mob Wives Star Renee Graziano Poses In Penthouse Magazine?

According to Variety, The Weinstein Company "will identify the opportunities for a possible spinoff of its television division in the next four to six weeks." The company is looking into either selling the TV division, going public or raising a large sum of money.

The Weinstein Company currently has 22 reality shows, seven scripted shows, and more shows in development.

Alicia DiMichele Spotted Partying With Former Mob Wives Cast Members

Mob Wives is set to return in December to VH1, according to a recent tweet by cast member Renee Graziano. With-or-without the sale of The Weinstein Company, Mob Wives may be in trouble anyway with a source recently saying this next season is boring.

The show lost feisty cast member Alicia DiMichele when she quit due to personal legal issues.

"Producers are still reaching out to Alicia DiMichele to come back to the show," a source told the blog All About The Real Housewives. They miss her, but she it's not happening right now. She's focusing on her family and has no desire to film.

"The show is boring right now," the source said. "The only storyline they have right now is Big Ang (Angela Raiola) with her grand babies. Renee hasn't filmed with any of the ladies. She is off with her sister Jenn (Graziano) trying to be famous and sell their cookbook."

Graziano also recently appeared on VH1's Hollywood Exes, prompting fans to think she may want out soon of the show.

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