Disney will not sell Miramax back to the Weinsteins

According to the Associated Press, the Walt Disney Co. has backed out of a plan to sell its struggling Miramax division to Ron Burkle. Burkle had partnered on the deal with Harvey and Bob Weinstein, the original founders of Miramax, who left in 2005 to start their own independent studio, the Weinstein Company. Apparently, negotiations faltered over various issues pertaining to how the brothers would manage both Miramax and Weinstein Co.

The Miramax division was mostly shuttered earlier this year, but the studio still has a profitable back catalogue of iconic films, including Pulp Fiction, The English Patient, Clerks, The Piano, and The English Patient. Disney is reportedly considering an offer from financier brothers Tom and Alec Gores.


Comments (8 total) Add your comment
  • Jane

    There are two “English Patient” movies? How ’bout that.

  • Monty

    I guess the english patient was so good it had to be mentioned twice?

    • Carter

      Thanks.@LML: You only proved my point. The Queen was witertn by an A List writer, directed by an A List director, and starred one of Britain’s most beloved talents. Miramax ate the Oscar bait and hopped on board. Which they had every right to do. But by rebranding Stephen Frears, the Coen Brothers, Ben Affleck, et al as indie directors Battske and Co. helped create an audience expectation of an indie movie as being nothing more than glossy, smart star-driven films. And before I get jumped on: I love Frears, I love the Coens, but the pseudo-indie world of specialty divisions has effectively shut out the next generation by making their micro-budget indies seem woefully amateurish.And please, enough with The Queen. If Miramax didn’t release it, Focus would have. Or it would have just ended up on HBO, where it probably best belonged.

    • Tommy

      “David Cronenberg, you’re my hero”. “You are the wind beneath my wings”. In my gut, my women’s ittuinion, this will be the film that shuts critics up about Rob’s Edward Cullen persona. If those critics still are negative about Rob’s role in Cosmopolis, they are biased and have no business reviewing films. I have not seen a clip of this film, however, I just know this is the one that will finally have critics from around the globe talking about Rob’s fabulous performance as Eric Packer. One more cliche for the road from Ms. Aretha Franklin, “I say a little prayer for you”, that this film is successful both artistically and financially. Onto Cannes (crossing fingers).

  • l.d.

    I think they meant the sequel, the English Impatient.

    • Mihir

      “David Cronenberg, you’re my hero”. “You are the wind beneath my wings”. In my gut, my women’s ituitnion, this will be the film that shuts critics up about Rob’s Edward Cullen persona. If those critics still are negative about Rob’s role in Cosmopolis, they are biased and have no business reviewing films. I have not seen a clip of this film, however, I just know this is the one that will finally have critics from around the globe talking about Rob’s fabulous performance as Eric Packer. One more cliche for the road from Ms. Aretha Franklin, “I say a little prayer for you”, that this film is successful both artistically and financially. Onto Cannes (crossing fingers).

  • pms

    bad titles, only pass bad titles, ha, what an industry, what a wormhole!

    Stargate. Man this industry is crazy!

    • Alexis

      I’m not sure what point of view M is coming from, but rsgardlees of what this person thinks about the bastard children deserve to die is completely wrong. Disney killing Miramax, just makes it even more difficult for everyone striving to make a film that isn’t absolutely commercial. Are you telling me The Queen was big budget? I can tell you for sure that it was not. I love small indie films. I was in Sundance when Precious first screened (sitting in front of Harvey Weinstein talking out loud) and I can tell you that I knew I was watching a really difficult, but great indie film. If you are are true indie filmmaker then go out and do your thing. Make it happen, but don’t blame (what it sounds like) your own personal frustration on the studios specialty divisions. Go have a walk around the AFM next week. Walk the halls. Talk to the buyers and sellers and you’ll see how easy it is to sell indie films. The bottom line: if it’s a great, true indie film that people want to see then that film will alwaysget picked up, but unfortunately there are more mediocre indie films. I’ve met many filmmakers that more times than not are delusion in regards to the quality of their own film. So bottom line, it’s not a good thing when another specialty division shuts down.

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