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The Walt Disney Company

20th Century Fox

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Republic Pictures

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DreamWorks Animation

 

 

 

Miramax

 

Miramax, LLC (also known as Miramax Films) is a Qatari-owned American entertainment company known for producing and distributing films and television shows. It is headquartered in Los Angeles, California. Miramax was founded in 1979 by brothers Bob and Harvey Weinstein, and was a leading independent film motion picture distribution and production company before it was acquired by The Walt Disney Company on June 30, 1993. Shortly thereafter, Pulp Fiction was released. The Weinsteins operated Miramax with more creative and financial independence than any other division of Disney until September 30, 2005, when they left the company and founded a new studio, The Weinstein Company. Miramax was sold by Disney to Filmyard Holdings, a joint venture of Colony NorthStar, Tutor-Saliba Corporation, and Qatar Investment Authority, in 2010, ending Disney's 17-year ownership of the studio. In 2016, ownership of the company was transferred to the beIN Media Group.
By 2003, Miramax was less operative in the independent film market and became more of a mini-major as the company only acquired 3 films while producing Cold Mountain for $80 million. The Weinsteins claimed the company was profitable, but Walt Disney Co. president Robert Iger indicated in June 2004 that they were not properly accounting for "account standard overhead, distribution fees, bonuses that we pay Bob and Harvey. Nor are they applying current accounting rules.
On September 6, 2011, Miramax announced that hundreds of its film titles were available digitally in Latin American territories including Brazil, Mexico and Argentina under a multi-year agreement with Netflix. Miramax on September 28 signed a multi-year agreement to bring a broad array of its films to Hulu subscribers in Japan. On November 16, 2011, Miramax announced a multi-year digital licensing agreement to stream a broad range of films to Netflix members in the U.K. and Ireland, and on November 21, 2011, Brazil's NetMovies and Miramax entered into a multi-year movie streaming agreement.
In October 2014, Miramax announced that it will license the television and digital distribution rights to the Revolution Studios library, which also includes the catalog of Morgan Creek International.
On July 17, 2015, Qatar and Colony NorthStar put Miramax up for sale for an offer of $1 billion. Harvey and Bob Weinstein had reportedly regained interest in reacquiring the studio via TWC in September. On March 2, 2016, Miramax was sold to beIN Media Group.
In a July 2016 interview Harvey Weinstein stated that he was still interested in combining TWC's film library with Miramax's, after the acquisition of the latter by beIN.
Following the Weinstein effect on October 8, 2017, Miramax became one of 60 parties bidding on The Weinstein Company on January 16, 2018. On April 27, Miramax and Lantern Capital emerged as the strongest contenders to acquire TWC's assets.
The company has been criticized for delaying or withholding release of Asian films to which it acquires the U.S. distribution rights[58] while trying to bar retailers from legally exporting authentic DVDs of the films.
In a 2005 interview, director Hayao Miyazaki related that Harvey Weinstein aggressively sought a large number of edits to Miyazaki's animated film Princess Mononoke for the film's American release. Miyazaki stated that his producer sent Weinstein a samurai sword with the message "No cuts" attached to the blade. According to Miyazaki, the film was released without the edits Weinstein wanted.[60] Weinstein has always insisted that such editing is done in the interest of creating the most financially viable film. "I'm not cutting for fun", Weinstein said in an interview. "I'm cutting for the shit to work. All my life I served one master the film. I love movies.

 


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