Home » Archive

Articles tagged with: Miramax

Disney Movies »

[3 Aug 2013 | No Comment | ]
Disney Developing Film Adaptation of ‘Artemis Fowl’ with Harvey Weinstein

The popular book series Artemis Fowl will soon be adapted into a film, it was announced this week, as Disney revealed that they will be developing the film with former head of Miramax Harvey Weinstein. This will be Weinstein’s first time working with Disney since the two famously parted ways in 2005, when Weinstein and brother Bob Weinstein left the company to form The Weinstein Co.
Published by Disney Publishing Worldwide, Artemis Fowl tells the story of the 12-year-old millionaire and criminal mastermind Artemis Fowl, who takes on more than he realizes …

Disney Corporate »

[5 Sep 2010 | No Comment | ]
Disney’s Miramax Deal Gets Rocky

This story just seems to be dragging on and on and on! After months taking bids, turning down bids, and finally securing a buyer for boutique film studio Miramax, the deal seems to be on thin ice again.
Disney announced on July 30th that a group of investors led by Colony Capital partners, including Ron Tutor, had won the bidding war for Miramax at a price of $660 million. The acquisition was set to close between September 10th and year end, but things aren’t as easy as they’d seemed. Apparently, the …

Disney Media »

[30 Jul 2010 | No Comment | ]
Disney Sells Miramax for $660 million

The 6-month drama is over and Disney has finally sold off art-film house Miramax to Filmyard Holding LLC, a group of investors including construction executive Ronald Tutor and Colony Capital LLC, a private equity firm.
“Our current strategy for Walt Disney Studios is to focus on the development of great motion pictures under the Disney, Pixar and Marvel brands,” President and Chief Executive Officer Robert Iger said in the statement, according to Bloomberg.
Prior to the sale, Disney had been in buy-back negotiations with the Weinstein Brothers, who founded the film house …

Disney Corporate »

[9 Apr 2010 | No Comment | ]
$600 Million Bid Offered for Disney’s Miramax: Billionaire Investor Partners to Make the Move

It’s been rumored by entertainment executives that Disney was asking for $650 million to acquire their Miramax division. The latest bid by billionaire investor Ron Burkle, teamed up with movie producers Bob & Harvey Weinstein, has become the closest to that asking price offering a stiff $600 million bid. Already nervous about overpaying for the art-house studio they aren’t expected to raise that offer if competition heats up within the small pool of bidders.
Burkle & his Yucaipa Cos., who have been extremely successful in numerous supermarket & grocery chain …

Disney Corporate, Disney Media, Disney Movies »

[3 Feb 2010 | No Comment | ]
Weinsteins “may buy back Miramax”

The Weinstein brothers may be poised to buy back Miramax and its library from Disney in the next few months, reports the Guardian. The brothers have been approached by potential partners and seem to be in the running with up to 10 other bidders to purchase Miramax.