Click to Skip Ad
Closing in...
Ranking the 5 Best Editing Oscar Nominees Ranking the 5 Best Editing Oscar Nominees Kristen Stewart Is First American Actress Nominated for César Awards in 30 Years; 'Saint Laurent' Leads with Ten Kristen Stewart Is First American Actress Nominated for César Awards in 30 Years; 'Saint Laurent' Leads with Ten How They Sustained the Times Square Momentum in 'Birdman' VIDEO How They Sustained the Times Square Momentum in 'Birdman' VIDEO 6 Things to Know About Sexy Sundance Breakout 'Diary of a Teenage Girl,' Part of Sundance's Women's New Wave 6 Things to Know About Sexy Sundance Breakout 'Diary of a Teenage Girl,' Part of Sundance's Women's New Wave Sundance Raves About Ewan McGregor as Jesus and the Devil in 'Last Days in the Desert' Sundance Raves About Ewan McGregor as Jesus and the Devil in 'Last Days in the Desert' Oscar Loves Diseases and Disorders: 6 Contenders and the Hard Truths They Don't (or Do) Ignore Oscar Loves Diseases and Disorders: 6 Contenders and the Hard Truths They Don't (or Do) Ignore Watch: Jason Segel on Playing David Foster Wallace in Sundance's 'End of the Tour' (Exclusive Interview) Watch: Jason Segel on Playing David Foster Wallace in Sundance's 'End of the Tour' (Exclusive Interview) Filmmakers, Give Us Your Numbers! Sundance and Cinereach Unveil The Transparency Project Filmmakers, Give Us Your Numbers! Sundance and Cinereach Unveil The Transparency Project Sundance Market Explodes with 'Me and Earl and the Dying Girl' and 'Diary of a Teenage Girl' Sundance Market Explodes with 'Me and Earl and the Dying Girl' and 'Diary of a Teenage Girl' Screen Actors Guild Awards: 'Birdman' Takes Ensemble, Julianne Moore and Eddie Redmayne Win Leads Screen Actors Guild Awards: 'Birdman' Takes Ensemble, Julianne Moore and Eddie Redmayne Win Leads Top Ten Takeaways: Polarizing 'American Sniper' Speeds Past $200 Million; Lopez Trounces Depp Top Ten Takeaways: Polarizing 'American Sniper' Speeds Past $200 Million; Lopez Trounces Depp Arthouse Audit: Panic Time? 'Mommy,' 'Red Army,' 'Black Sea,' 'Cake,' 'Duke of Burgundy' All Disappoint Arthouse Audit: Panic Time? 'Mommy,' 'Red Army,' 'Black Sea,' 'Cake,' 'Duke of Burgundy' All Disappoint 2015 PGA Winners: 'Birdman' Steals 'Boyhood''s Awards Season Thunder 2015 PGA Winners: 'Birdman' Steals 'Boyhood''s Awards Season Thunder Watch: Nicole Kidman Talks 'Strangerland' at Sundance (Exclusive Video Interview) Watch: Nicole Kidman Talks 'Strangerland' at Sundance (Exclusive Video Interview) Sundance Acquisitions Market Heats Up with 'The Bronze' and 
'The Witch' Sundance Acquisitions Market Heats Up with 'The Bronze' and 'The Witch' Sundance: 5 Things to Expect From Alex Gibney's Damning Scientology Doc 'Going Clear' Sundance: 5 Things to Expect From Alex Gibney's Damning Scientology Doc 'Going Clear' Watch: Meet the Women of 'Birdman' (Exclusive 4-Minute Featurette) Watch: Meet the Women of 'Birdman' (Exclusive 4-Minute Featurette) Watch: Hitchcock's Thwarted Holocaust Documentary Comes to HBO Watch: Hitchcock's Thwarted Holocaust Documentary Comes to HBO Best Actor Oscar Predictions 2015 UPDATED Best Actor Oscar Predictions 2015 UPDATED Oscar Predictions 2015 Oscar Predictions 2015

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