Miramax Films is an art-house/independent film production company that both produced and distributed films including foreign films over its 31-year history. For its first 14 years the company was privately owned by its founders, Bob and Harvey Weinstein. In 1993 the company was acquired by The Walt Disney Company which operated it as a division of the Disney Company after the founders left. In 2010, Miramax was sold to investors for $660 million. Founded in 1979 by Bob and Harvey Weinstein and headquartered in New York City and Cambridge, Massachusetts, Miramax was a leading independent film motion picture distribution and production company before it was acquired by Disney in 1993. The Weinsteins operated Miramax with more creative and financial independence than any other division of Disney, until 2005 when they decided to leave the company and founded The Weinstein Company. - Source: Wikipedia
The new chief executive of Miramax Films said Thursday that he'll focus primarily on boosting sales of the 700-movie library of Oscar winners and other classics while looking for partners to make new films.
Construction magnate Ron Tutor can now call himself a Hollywood mogul.
Construction magnate Ron Tutor can now call himself a Hollywood mogul.
George Clooney's hitman tale "The American" took down Robert Rodriguez's revenge romp "Machete" at the box office over the long U.S. Labor Day holiday weekend.
The heist thriller "Takers" has stolen the No. 1 spot at the weekend box office away from the fright flick "The Last Exorcism."
Sylvester Stallone's action tale "The Expendables" led the box-office for a second-straight weekend with $17 million.

The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year association with the studio and a six-month bidding process.

The Walt Disney Co. is selling Miramax Films to a group of investors for $660 million, marking a new phase for a studio that helped launch the career of Quentin Tarantino and push independent movies into the mainstream.

The Walt Disney Co. is selling Miramax Films to a group of investors for $660 million, marking a new phase for a studio that helped launch the career of Quentin Tarantino and push independent movies into the mainstream.