Hints and tips:
...The independent directors of TWC represented early investors in TWC when it was founded by Harvey and Bob Weinstein as the successor company to Miramax....
...One such deal was struck in 2010, when Disney sold the Miramax movie studio to a consortium of investors led by Colony, which reportedly included the Qatar Investment Authority....
...The private equity firm acquired Miramax, the first company founded by Harvey Weinstein and Bob Weinstein, for $660m when it was sold by Disney in 2010....
...Amazon is going after the independent film space — edgy, provocative pictures that used to be associated with companies such as Miramax, he tells me....
...The sale is the latest turn in Miramax’s ownership saga....
...Colony has a close relationship with Qatar, with which it co-owns the Fairmont Raffles Hotels and Miramax, the Hollywood film studio....
...Miramax is owned by Tom Barack’s Colony Capital....
...In 2010, the fund was part of a consortium that bought movie studio Miramax from Walt Disney....
...Alliance Group, the fund run by former TPG China head Shan Weijian, held preliminary talks with Summit Entertainment, the company behind the blockbuster Twilight vampire films, and Colony Capital, which owns Miramax...
...That sounds like a departure from his previous incarnation at Miramax, I say. “Absolutely....
...The Chinese investors are keen to continue talks with Miramax to explore alternative deals. Another person familiar with their plans said they were also eyeing a bigger prize....
...In 2010 Qatar Holding was part of the consortium that bought movie studio Miramax from Walt Disney. In May 2010, Qatar Holding bought Harrods outright from Mohamed al Fayed....
...Summit had also attracted interest from Colony Capital, the private equity firm that recently acquired Miramax from Walt Disney....
...In 2009, the money dried up but last year several companies, including Miramax, Summit Entertainment and Legendary Pictures, completed significant refinancings....
...The site has also struck deals with the Miramax film studio to supplement the hours of programming it has from the ABC, Fox and NBC networks....
...However, Netflix, which is expanding into Latin America, continues to strike content deals, and recently added Miramax films to its service....
...They abandoned the Miramax deal when bidding pushed the price up....
...been acting as a conduit for Reliance, using its money and its balance sheet,” says Stuart Ford, chief executive, a former entertainment lawyer who left London 12 years ago to work for Harvey Weinstein’s Miramax...
...Weinstein and his brother Bob sold Miramax to Disney in 1993 but are now keen to buy it back....
...They have since formed The Weinstein Co, but have failed to repeat the stellar success of Miramax....
...Miramax has over the years specialised in edgier, more provocative films....
...People familiar with the Miramax talks argue that the studio has lower overheads than MGM and a cleaner balance sheet....
...With Walt Disney selling its Miramax library, which includes films such as Pulp Fiction and Shakespeare in Love, the Hollywood scene is set for a round of consolidation....
...Disney has also cut jobs and scaled back production at its Miramax label and struck a distribution deal with Steven Spielberg’s DreamWorks studio....
...Some reports have suggested that, following its deal with DreamWorks, Disney might sell its Miramax division, which produces edgier films....
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