Weinsteins Buying Back Miramax?

[Dusty Ayres]

Happy days are here again! Disney has reportedly chosen Harvey and Bob Weinstein’s $600 million bid to reclaim Miramax Films, the label they started 31 years ago before breaking away in a rift with… Disney, which acquired the minimajor in 1993. It’s like a giant schadenfreude sandwich on rye, but don’t worry about it.

Weinsteins Buying Back Miramax?

 

[T'Baio]

I thought they were bordering on broke because of all The Weinstein Company's failures?

 

[Dusty Ayres]

I thought they were bordering on broke because of all The Weinstein Company's failures?

They've got a financial backer to help them buy back Miramax-it's in the article.

 

[T'Baio]

Ah, yes...sorry, I didn't link to the source article from the one you posted.

They sold it for $80 million, and they're buying it back for $600 million? Ouch.

 

[Captain Shaw]

http://www.deadline.com/2010/04/thr-weinsteins-take-back-miramax/
This report denies the deal.

 

[Aragorn]

^ That's too bad. They probably wanted more movies they could mismanage, mismarket and have wasting away on the shelf for years.

 

[Harvey]

The less the Weinstein brothers are in charge of (especially Harvey) the better. Their cutthroat nature when it comes to editing, re-editing, and distribution haven't done a favor to American cinema.

 

[KB24]

I just did a review of The Last Legion, and you can clearly see Harvey's mish mash influence and 'make it faux-LOTR' all over what might not have been a bad little movie. Typical execs who only see dollar signs and not story or quality.