Click to Skip Ad
Closing in...
How Do You Solve a Problem Like Erika? Universal Hires Husband to Write 'Fifty Shades Darker' How Do You Solve a Problem Like Erika? Universal Hires Husband to Write 'Fifty Shades Darker' 'Age of Ultron' Director Joss Whedon on Self-Doubt and Why It's His 'Rio Bravo' 'Age of Ultron' Director Joss Whedon on Self-Doubt and Why It's His 'Rio Bravo' Watch: Julia Louis-Dreyfus, Tina Fey, Patricia Arquette and Amy Schumer Hilariously Slam Hollywood Sexism (NSFW) Watch: Julia Louis-Dreyfus, Tina Fey, Patricia Arquette and Amy Schumer Hilariously Slam Hollywood Sexism (NSFW) CinemaCon: How Tom Cruise Stole the Paramount Show CinemaCon: How Tom Cruise Stole the Paramount Show Meet the Director of 'Tangerines,' the 2015 Dark Horse Oscar Nominee You Missed (Exclusive Video) Meet the Director of 'Tangerines,' the 2015 Dark Horse Oscar Nominee You Missed (Exclusive Video) LA Film Fest Unveils Horror Slate, More World Premieres, Zoe Cassavetes Film LA Film Fest Unveils Horror Slate, More World Premieres, Zoe Cassavetes Film Cannes: Directors' Fortnight Lines Up Vet Auteurs and American Indies Cannes: Directors' Fortnight Lines Up Vet Auteurs and American Indies Joe Wright's 'Pan' Gets Fall Release Date: Good News or Bad News? Joe Wright's 'Pan' Gets Fall Release Date: Good News or Bad News? Seeing Ryan Gosling's 'Lost River' Through Composer Johnny Jewel's Eyes (STREAM SOUNDTRACK) Seeing Ryan Gosling's 'Lost River' Through Composer Johnny Jewel's Eyes (STREAM SOUNDTRACK) 3 Women Genre Directors Get SF Film Society Fellowships 3 Women Genre Directors Get SF Film Society Fellowships Here's Why Jon Stewart Quit 'The Daily Show' Here's Why Jon Stewart Quit 'The Daily Show' Watch: From Tarantino to Cronenberg, Great Directors Talk the Art and Anxiety of Filmmaking Watch: From Tarantino to Cronenberg, Great Directors Talk the Art and Anxiety of Filmmaking Specialty Box Office: 'True Story' and 'Child 44' Flop as 'Ex Machina' Lures Audiences Specialty Box Office: 'True Story' and 'Child 44' Flop as 'Ex Machina' Lures Audiences Tribeca Film Festival Matches George Lucas with Stephen Colbert: “I’m gonna tear you a new one, George" Tribeca Film Festival Matches George Lucas with Stephen Colbert: “I’m gonna tear you a new one, George" 10 Films Booed at Cannes That Every Cinephile Should See 10 Films Booed at Cannes That Every Cinephile Should See 5 Things You Didn't Know About Lars von Trier, Who's Going Back to Work 5 Things You Didn't Know About Lars von Trier, Who's Going Back to Work The Eerie Connection Between 'Star Wars: The Force Awakens' and 'Tomorrowland' The Eerie Connection Between 'Star Wars: The Force Awakens' and 'Tomorrowland' Digging Into the Cannes Lineup: More Vet Auteurs and Women, No Netflix Digging Into the Cannes Lineup: More Vet Auteurs and Women, No Netflix You Can Now Read Over 200,000 Leaked Sony Emails and Documents You Can Now Read Over 200,000 Leaked Sony Emails and Documents 7 Things to Learn from 'Mad Men' Creator Matthew Weiner About Compelling Storytelling (EXCLUSIVE VIDEO) 7 Things to Learn from 'Mad Men' Creator Matthew Weiner About Compelling Storytelling (EXCLUSIVE VIDEO)

Weinsteins Still Bidding for Miramax

Photo of Anne Thompson By Anne Thompson | Thompson on Hollywood June 14, 2010 at 4:48AM

Disney does want to sell Miramax--but only at the right price. If the studio doesn't get what it's looking for, it will hang on to the library. After all, Disney boasts the smallest library of the major studios. And new studio chief Rich Ross has said that he is proceeding with plans to release the outstanding Miramax titles, including Julie Taymor's The Tempest, which is not for sale and is one of two Helen Mirren Miramax vehicles; the other is John Madden's The Debt, co-starring Sam Worthington. Also on the block is the Jennifer Anniston baby-baster comedy The Switch, which is currently set for August 20 release.
0
Thompson on Hollywood

Disney does want to sell Miramax--but only at the right price. If the studio doesn't get what it's looking for, it will hang on to the library. After all, Disney boasts the smallest library of the major studios. And new studio chief Rich Ross has said that he is proceeding with plans to release the outstanding Miramax titles, including Julie Taymor's The Tempest, which is not for sale and is one of two Helen Mirren Miramax vehicles; the other is John Madden's The Debt, co-starring Sam Worthington. Also on the block is the Jennifer Anniston baby-baster comedy The Switch, which is currently set for August 20 release.

It's likely that Disney is going through the motions of an exclusive negotiation with financeers Ron Tutor and the beleaguered David Bergstein (who is in bankruptcy court, leading to Hollywood guild opposition to his buying the company), because the studio wants to force up the price. So it's not surprising that the Weinsteins are circling back to make another go at their old library. The Weinsteins' last negotiation broke down not just over reducing its $625 million bid to around $500 million (backed by Ron Burkle's Yucaipa Companies plus Colbeck Capital Management and Fortress Investment Group) -- but how the library would be managed by The Weinstein Co., which has its own financial issues. (In related Weinstein news, Harvey is far from popular in China, where he has finally gotten China Film to approve the release of the long-delayed Shanghai; its director called the exec "a cheater" last week. UPDATE: Ex-Variety critic Derek Elley writes a positive review. )

And the billionaire Gores brothers, who are sitting on plenty of cash and also have on their side as an advisor brother Sam, head of the talent agency Paradigm, could raise their bid as well. Or they may represent the best deal that Disney can get.

[Photo of Harvey Weinstein by Getty Images]

This article is related to: Independents, Studios, News, Weinsteins, Disney


E-Mail Updates