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| Registered: September 18, 2008 | Reputation:  |  Posts: 2,650 |
| | Posted: | | | | From DigitalSpy:
Miramax will close its doors in New York and Los Angeles today after 21 years of producing and distributing movies.
The studio, which was founded in 1979 by Bob and Harvey Weinstein, was behind Oscar winners such as Pulp Fiction, The English Patient and Shakespeare In Love. The firm was sold to Disney in 1993 and the Weinsteins later left to form The Weinstein Company in 2005.
The Miramax name was taken from the forenames of the Weinsteins' parents, Max and Miriam.
"I'm feeling very nostalgic right now," Harvey Weinstein told The Wrap. "I know the movies made on my and my brother Bob's watch will live on as well as the fantastic films made under the direction of Daniel Battsek. Miramax has some brilliant people working within the organisation and I know they will go on to do great things in the industry."
80 people are expected to lose their jobs when Miramax closes, while the six movies the company has awaiting distribution - including Keira Knightley's Last Night, and Helen Mirren's The Debt - will be shelved or put out on a limited release. |
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| Registered: March 10, 2009 | | Posts: 2,248 |
| | Posted: | | | | Quoting samuelrichardscott: Quote:
From DigitalSpy:
Miramax will close its doors in New York and Los Angeles today after 21 years of producing and distributing movies.
The studio, which was founded in 1979 by Bob and Harvey Weinstein, was behind Oscar winners such as Pulp Fiction, The English Patient and Shakespeare In Love. The firm was sold to Disney in 1993 and the Weinsteins later left to form The Weinstein Company in 2005.
The Miramax name was taken from the forenames of the Weinsteins' parents, Max and Miriam.
"I'm feeling very nostalgic right now," Harvey Weinstein told The Wrap. "I know the movies made on my and my brother Bob's watch will live on as well as the fantastic films made under the direction of Daniel Battsek. Miramax has some brilliant people working within the organisation and I know they will go on to do great things in the industry."
80 people are expected to lose their jobs when Miramax closes, while the six movies the company has awaiting distribution - including Keira Knightley's Last Night, and Helen Mirren's The Debt - will be shelved or put out on a limited release. So who owns there catalogue now? |
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| Registered: March 19, 2007 |  Posts: 582 |
| | Posted: | | | | I would assume Disney, since they already own most of the post-1993 Miramax productions. It's just the film studio closing it's doors. It should not affect any holding rights at all. | | |  | | | | Last edited: by kosvines |
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| Registered: March 13, 2007 |  Posts: 21,610 |
| | Posted: | | | | Sounds like they committed corporate suicide when they decided to part company with the Mouse.
Skip | | | ASSUME NOTHING!!!!!!
CBE, MBE, MoA and proud of it.
Outta here
Billy Video |
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| Registered: July 31, 2008 | | Reputation: | | Posts: 2,506 |
| | Posted: | | | | On a similar line, there are talks that the Weinstein's are trying to get the name back again Quote:
I've learned from London sources that Harvey Weinstein wants to buy back the Miramax name from Disney and is already making moves towards that goal. The company that put him on the map is now defunct at the Mouse House, so this should be easier to accomplish than before. In fact, Harv just scooped up 2 Miramax executives Peter Lawson and Lucas Webb. The two bothers founded Miramax in 1979; it combined the first names of their parents -- Max and Miriam. So obviously there's a strong emotional tie. The bros sold Miramax to Disney in 1993, but left behind the name and the library when they walked away because of a money feud with Michael Eisner and started the The Weinstein Company in 2005. They've never been able to duplicate their success at Miramax. Source. |
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| Registered: March 13, 2007 | | Posts: 21,610 |
| | Posted: | | | | Quoting Forget_the_Rest: Quote:
On a similar line, there are talks that the Weinstein's are trying to get the name back again
Quote:
I've learned from London sources that Harvey Weinstein wants to buy back the Miramax name from Disney and is already making moves towards that goal. The company that put him on the map is now defunct at the Mouse House, so this should be easier to accomplish than before. In fact, Harv just scooped up 2 Miramax executives Peter Lawson and Lucas Webb. The two bothers founded Miramax in 1979; it combined the first names of their parents -- Max and Miriam. So obviously there's a strong emotional tie. The bros sold Miramax to Disney in 1993, but left behind the name and the library when they walked away because of a money feud with Michael Eisner and started the The Weinstein Company in 2005. They've never been able to duplicate their success at Miramax.
Source. Based the demise of miramax, I wouldn't count on Disney making it easy for them. There is bad blood there. Skip | | | ASSUME NOTHING!!!!!!
CBE, MBE, MoA and proud of it.
Outta here
Billy Video |
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| Registered: March 13, 2007 | Reputation:  | | Posts: 13,203 |
| | Posted: | | | | Quoting Prof. Kingsfield: Quote:
Sounds like they committed corporate suicide when they decided to part company with the Mouse.
Skip I'm not sure what you mean. From what I can tell,the Weinsteins are doing fine, it's Miramax, which has been owned by the mouse since 1993, that is closing it's doors. It could be argued that it is Disney/Miramax that committed corporate suicide when they let the Weinsteins go in 2005...part of the Eisner legacy if memory serves. This is probably more of a consolidation than anything else. Last I checked, Disney still owned Touchstone Pictures and Hollywood Pictures. I would think that they could use those to produce and release films that would have been released under the Miramax brand. | | | No dictator, no invader can hold an imprisoned population by force of arms forever.
There is no greater power in the universe than the need for freedom.
Against this power, governments and tyrants and armies cannot stand.
The Centauri learned this lesson once.
We will teach it to them again.
Though it take a thousand years, we will be free.
- Citizen G'Kar | | | | Last edited: by TheMadMartian |
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| Registered: March 19, 2007 | | Posts: 582 |
| | Posted: | | | | Quoting TheMadMartian: Quote:
I'm not sure what you mean. From what I can tell,the Weinsteins are doing fine... Not really. The Weinsteins have not done well since they parted with Disney. If things doesn't turn around for them soon, I'm pretty sure there won't be a Weinstein Company much longer. | | | |
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| Registered: March 13, 2007 | | Reputation: | | Posts: 20,111 |
| | Posted: | | | | Quoting kosvines: Quote:
Not really. The Weinsteins have not done well since they parted with Disney. If things doesn't turn around for them soon, I'm pretty sure there won't be a Weinstein Company much longer. Not surprising with the way they've handled many of their projects lately. From what I've heard they have some massive debt. Even with a hit in theaters here and there, they also have a number of flops such as Nine. They've certainly laid off a good number of their employees since the "financial restructuring" last year. | | | | Corey |
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| Registered: March 13, 2007 | | Reputation: | | Posts: 13,203 |
| | Posted: | | | | Learn something new everyday. I guess it was a lose, lose. That's too bad. | | | No dictator, no invader can hold an imprisoned population by force of arms forever.
There is no greater power in the universe than the need for freedom.
Against this power, governments and tyrants and armies cannot stand.
The Centauri learned this lesson once.
We will teach it to them again.
Though it take a thousand years, we will be free.
- Citizen G'Kar |
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| Registered: December 2, 2008 |  Posts: 77 |
| | Posted: | | | | So I wonder what this means for the long awaited Kill Bill: The Whole Bloody Affair set that I've been waiting forever for?  |
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| Registered: March 13, 2007 | | Posts: 1,796 |
| | Posted: | | | | | | | We don't need stinkin' IMDB's errors, we make our own.
Ineptocracy, You got to love it.
"Nearly all men can stand adversity, but if you want to test a man's character, give him power." - Abraham Lincoln |
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