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Miramax back to Weinsteins?

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  • Miramax back to Weinsteins?

    Reports have Harvey and Bob Weinstein in the process of putting together a bid to buy back Miramax Films from Disney. Harvey Weinstein has said that nothing would make their mother happier, the brothers named their company after their parents Miriam and Max.

    more on the story at:

    Weinstein brothers 'may buy back Miramax'

    The brothers who made the studio into a Hollywood powerhouse said to be ready to grab it back from Disney
    Weinstein brothers 'may buy back Miramax' | Film | guardian.co.uk
    "If you don't know how to draw, you don't belong in this building" - John Lasseter 2006

  • #2
    Re: Miramax back to Weinsteins?

    Yah, Disney already has Touchstone Pictures and does it also have Hollywood Pictures?


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    • #3
      Re: Miramax back to Weinsteins?

      It looks as if the Weinsteins have managed to fashion a winning bid in the Miramax auction and will take back operating control of the company they founded in 1979 and sold to Disney for $80 million in 1993.

      Running the process internally, the Burbank studio for months has been soliciting offers for the recently shut specialty-film unit and its 611-title library.

      Miramax founders Harvey and Bob Weinstein had been building enough financial muscle to put together an offer of $600 million or thereabouts, seeking to top bids from such rival suitors as businessmen Alec and Tom Gores and a more controversial one from Hollywood wheeler-dealer David Bergstein.

      Harvey and Bob Weinstein have been kibitzing with billionaire financier Ron Burkle throughout the auction process. In addition to Burkle's Yucaipa group, the duo's backers include hedge funds Fortress and Colbeck Capital. In effect, Burkle and friends would be the official buyers, but the Weinsteins effectively would run the operation.

      No word yet on when an official announcement of the deal will be made, as Disney lawyers apparently were still going over the financial details provided by the Weinsteins on Thursday.

      "No deal has been reached," a Disney spokesperson said Thursday night.
      http://www.hollywoodreporter.com/hr/content_display/news/e3i33e34f97cdbeee3e8b9c68d03ccc7d33
      "If you don't know how to draw, you don't belong in this building" - John Lasseter 2006

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      • #4
        Re: Miramax back to Weinsteins?

        Reports say that Disney and the Weinstein brothers have ended talks that could have returned Miramax Films to them.

        more at:

        Report: Weinstein Miramax talks end
        "If you don't know how to draw, you don't belong in this building" - John Lasseter 2006

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