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Miramax

Miramax (also known as Miramax Films) is an American entertainment company


Miramax, LLC
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
Type Subsidiary
and production company before it was acquired by the Walt Disney Company on
Industry Film
June 30, 1993. Shortly thereafter, Pulp Fiction was released. The Weinsteins
Television
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 1979
founded a new studio, The Weinstein Company. Miramax was sold by Disney to Founder Bob Weinstein
Filmyard Holdings, a joint venture of Colony NorthStar, Tutor-Saliba Corporation, Harvey Weinstein
and Qatar Investment Authority, in 2010, ending Disney's 17-year ownership of the Headquarters Los Angeles,
studio. In 2016, ownership of the company was transferred to the beIN Media California, United
Group. States
Number of 100+
employees
Parent The Walt Disney
Company (1993–
Contents 2010)
History Filmyard Holdings
Independent era (1979–1993) (2011–2016)
Disney era (1993–2010) beIN Media Group
Post-Disney era (2010–present) (2016–present)
Criticism Divisions Current:
Filmography Miramax Television
Miramax Family Former:
Dimension Films
Television
Miramax Television Miramax Family
Films
References
Prestige Films
Further reading Millemeter Films
External links Miramax Home
Entertainment
Dimension Home
Video
History Miramax Records
Dimension Records
Miramax Books
Independent era (1979–1993) Miramax Zoe
The company was founded by the brothers Harvey and Bob Weinstein in Buffalo, Toshiba Miramax
New York in 1979, and was named by combining the first names of their parents Communications
Miriam and Max.[1] It was created to distribute independent films deemed
(Japan)
commercially unfeasible by themajor studios. Subsidiaries Former:
Talk (with Hearst)
The company's first major success came when the Weinsteins teamed up with British Website miramax.com
producer Martin Lewis and acquired the U.S. rights to two concert films Lewis had
produced of benefit shows for human rights organization Amnesty International. The Weinsteins worked with Lewis to distill the two
films into one film for the US marketplace. The resulting film, the American version of The Secret Policeman's Other Ball was a
successful release for Miramax in the summer of 1982. This release presaged a modus operandi that the company would undertake
later in the 1980s of acquiring films from international filmmakers and reworking them to suit American sensibilities and audiences.

Among the company's other breakthrough films as distributors in the late 1980s and early 1990s were Scandal; Sex, Lies, and
Videotape; Tie Me Up! Tie Me Down!; The Crying Game; Pulp Fiction and Clerks. The company also made films such as Flirting
with Disaster, Heavenly Creatures and Shakespeare in Love.

Miramax acquired and/or produced many other films that did extraordinarily well financially. The company became one of the
leaders of the independent film boom of the 1990s. Miramax produced or distributed seven films with box office grosses totaling
more than $100 million; its most successful title,Chicago, earned more than $300 million worldwide.[2]

The company was also exceptionally successful in securing Academy Award nominations for its releases, many of which resulted in
Oscar wins.

In 1992, Miramax began a deal with Paramount Pictures for VHS and TV distribution of certain Miramax releases. Paramount would
also distribute theatrically certain releases that might have commercial appeal (such as Bob Roberts, though video rights to that film
were owned by Live Entertainment – which is now Lions Gate Entertainment). Paramount still owns video rights to some of these
films, while TV distribution is now with Trifecta Entertainment & Media,[3] while the Disney-owned Miramax films are distributed
by Disney–ABC Television Group.

Disney era (1993–2010)


On June 30, 1993, Miramax was purchased for $60 million byThe Walt Disney Company, which paved a way for Disney to enter the
independent film market.[4] Harvey and Bob Weinstein continued to operate Miramax until they left the company on September 30,
2005. During their tenure, the Weinstein brothers ran Miramax independently of other Disney subsidiaries, and as a result had more
autonomy than the other Disney-owned companies. Disney, however, had the final say on what Miramax could release (see
Fahrenheit 9/11 and Dogma, for examples).[4] Disney's Buena Vista Home Entertainmentdivision released Miramax output.

With a more stable budget, Miramax began moving beyond acquisitions and distribution and into film productions. Until September
30, 2005 the company also operated the label Dimension Films, which was solely founded by Bob to specialize in teen, horror, and
other genre films,[4] and created the Scream and Scary Movie film franchises. Harvey funded larger projects and from up and coming
directors including Robert Rodriguez, Gus Van Sant and Quentin Tarantino. Some of the films earned Oscars.[4]

In 1997, Miramax joined Peter Jackson as a primary financial backer in attempting to get the Lord of the Rings films produced.
Disney disliked the cost of a two-parter, requesting that it be produced as a single film. Jackson and Saul Zaentz rejected Disney's
request and looked for another studio or financier. Thus, Miramax sold the rights for The Lord of the Rings and The Hobbit to New
Line Cinema in August 1998 for about $12 million, which led The Lord of the Rings to be produced as a trilogy. Miramax retained a
einsteins.[5]
5% stake in the films' gross and then gave 2.5% to the W

Through Miramax, Harvey founded Talk magazine with Tina Brown in 1998 (it shut down in 2002), albeit without the approval of
then-Disney chief Michael Eisner, which upset Eisner. Also that year, 30 former employees filed suit over unpaid overtime wages.[4]

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,
. Nor are they applying current accounting rules."[4]
distribution fees, bonuses that we pay Bob and Harvey

After extensive negotiations and much media and industry speculation, on March 30, 2005, Disney and the Weinsteins announced
that they would not renew their contractual relationship when their existing agreements expired at the end of September 2005. The
primary source of dispute was over distribution of Fahrenheit 9/11 by Michael Moore.[6] Disney's film studio consortium, Buena
Vista Motion Pictures Group, assumed control of Miramax, which was projected to have a smaller annual production budget. The
Weinsteins started a new film production company called The Weinstein Company, and took the Dimension Films label with them.
The Miramax name remained with the film studio owned by Disney. Production at Miramax was taken over by Daniel Battsek,[6]
who had been head of Buena Vista International in the UK. Battsek refocused Miramax to produce films of high quality but low
budget. Maple Pictures held the rights to distribute Miramax films in Canada from 2008 up until August 10, 2011, when Maple
Pictures was acquired byAlliance Films.[7]

Attorney Bert Fields of Greenberg Glusker Fields represented Bob and Harvey Weinstein through years of skirmishes between
Miramax and its corporate owner Disney, rarely making public statements until he settled up the brothers’ departure in 2005, without
litigation.[8]

On October 3, 2009, Disney announced that the staff of Miramax was to be reduced by 70%, and the number of releases would be
reduced by half to just three films per year. The label's marketing, distribution and administrative functions, which had operated
independently, would be folded into the parent studio in Burbank. The move became effective in January 2010.[9] On October 30,
2009, Disney announced the resignation of Daniel Battsek as President of Miramax Films, effective when the transition from the
studio in New York to Burbank was completed.[10] The company merged its operations with The Walt Disney Studios on January 28,
ork and Los Angeles offices.[6][11]
2010, shutting down Miramax's separate New Y

Though Disney Studio ChairmanDick Cook was a staunch supporter of Miramax, the brand was less of a priority for CEO Bob Iger,
whose strategy was to focus on Disney's branded mass entertainment that can be exploited across Disney's theme parks, television
and consumer products. Following Disney's $4 billion acquisition of Marvel Entertainment in 2009, Cook was succeeded by Rich
Ross.[12] As a result, Miramax was relegated to the status of distribution label within the Walt Disney Company.[13] The company
confirmed that it was looking into the selling the Miramax label on February 9, 2010, with Bob Iger explaining "We determined that
[14]
continuing to invest in new Miramax movies wasn't necessarily a core strategy of ours".

On November 23, 2010, it was reported that Google was interested in purchasing the digital rights to the Miramax library to improve
the premium content offerings on YouTube, and compete with similar services such asHulu and Netflix.[15]

Post-Disney era (2010–present)


On December 3, 2010, Disney closed the sale of Miramax for US$663 million to Filmyard Holdings, an investment group and joint
venture of Colony NorthStar, Tutor-Saliba Corporation, and Qatar Investment Authority. The sale included 700 film titles, books,
development projects, and the "Miramax" name. Mike Lang, the former News Corporation business development executive who was
selected as the CEO of Miramax,[16] indicated that the company would focus on their existing library, though they would continue
making original content.[17]

After the sale was closed, some movies already developed at Miramax, including The Tempest and Gnomeo & Juliet, were eventually
released by Disney under its Touchstone Pictures banner, and theatrical distribution of Don't Be Afraid of the Dark[18] and The
Debt[19] were shifted to FilmDistrict and Focus Features respectively.

On February 11, 2011, Miramax entered a home entertainment agreement with Lions Gate Entertainment and StudioCanal to
distribute over 550 titles from the Miramax library on DVD and Blu-ray. Lionsgate will handle distribution in the United States, with
StudioCanal handling European distribution.[20][21] On February 17, they struck a deal with Echo Bridge Home Entertainment to
distribute the company's additional 251-title catalog domestically on DVD/Blu-ray.[22][23] The latter deal expired in October
2014,[24] after which Lionsgate expanded its existing deal to include Echo Bridge's collection of the library; thus, Lionsgate has full
home entertainment distribution of the entire Miramax library in North America.[25] From 2012 to 2017, Warner Home Video had
assumed Japanese home entertainment distribution of the Miramax catalog.

On March 1, 2011, Miramax renewed its Canadian distribution deal with Alliance Films, which had been a distributor of Miramax
releases in Canada from 1987 to 2008 and will replace Maple Pictures (which had distributed Miramax releases from 2008 to 2011).
Alliance will have access to all of the company's library titles again and distribution rights to new Miramax films produced in the
next five years.[26]
On March 25, 2011, Miramax entered licensing talks with various digital premium services, including Netflix, Amazon, Google, and
.[27]
Hulu, for digital distribution of the former company's film library

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.[28] Miramax on September 28 signed a multi-
year agreement to bring a broad array of its films to Hulu subscribers in Japan.[29] 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,[30] and on
[31]
November 21, 2011, Brazil's NetMovies and Miramax entered into a multi-year movie streaming agreement.

[32]
During 2011, Miramax raised funds via a film-backed securitization that valued the company at over $800 million.

On January 29, 2012, Panasonic announced that the Miramax App will be one of the new apps to join Viera Connect in 2012,
enabling users to access Miramax's library of films. On January 31, 2012, Miramax signed a video-on-demand agreement with BT
nning movies.[33]
Vision that gives BT Vision Unlimited subscribers instant access to a range of Miramax's award-wi

[34]
On March 16, 2012, Mike Lang stepped down from as Miramax CEO. Miramax CFO Steve Schoch ran the company until 2016.

In March 2012, Miramax and Britain's branded multichannel broadcaster UKTV announced a licensing agreement under which a
[35]
number of the studio's hit films will be made available to UKTV subscribers across its basic pay and DTT channels.

On April 1, 2012, Miramax andSky Italia, Italy's leading pay TV platform, announced a deal under which that network will air many
.[36] On April 2, 2012, Miramax and the
of the leading titles from Miramax's collection across all of its pay television channels in Italy
Samuel Goldwyn Jr. Family Trust announced that Miramax's Global Sales team will manage global licensing of the library produced
[37]
by the legendary Samuel Goldwyn across a broad range of television and digital platforms.

.[38]
On January 22, 2013, Ron Tutor sold his stake in Miramax to co-owner Qatar Investment Authority

On December 16, 2013, Miramax entered into a deal with Bob and Harvey Weinstein's The Weinstein Company to develop and
distribute select derivative works of films from the former studio. Sequels, TV series, or stage productions of titles such as Rounders
[39][40][41]
and Shakespeare in Love were among the projects said to be part of this 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 ofMorgan Creek International.[42]

On July 17, 2015, Qatar and Colony NorthStar put Miramax up for sale for an offer of $1 billion.[43][44][45] Harvey and Bob
Weinstein had reportedly regained interest in reacquiring the studio via TWC in September.[46][47][48][49][50][51] On March 2, 2016,
Miramax was sold to beIN Media Group.[52][53][54]

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.[55]

Criticism
The company has been criticized for delaying or withholding release of Asian films to which it acquires the U.S. distribution
rights[56] while trying to bar retailers from legally exporting authentic DVDs of the films.
[57]

In a 2005 interview, director Hayao Miyazaki related that 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.[58] 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."[4]
Filmography

Miramax Family
Miramax Family (also known as Miramax Family Films) is the family division of Miramax Films; it was created in 1991 and shut
down in 2006. Films and TV shows distributed by them are listed here.

Freddie as F.R.O.7 (1992)


Tom and Jerry: The Movie(1992) (distribution rights are owned byWarner Bros.)
Into the West (1993)
Hugo The Movie Star (1993)
Little Buddha (1993)
The NeverEnding Story III: Escape from Fantasia(1994) (USA release only; distributed internationally byWarner
Bros. Family Entertainment)
The Thief and the Cobbler(1995) (originally released in theaters asArabian Knight)
Gordy (1995)
Hugo The Movie Star 2(1996)
Microcosmos (1997)
How the Toys Saved Christmas (1997)
The Phoenix and the Carpet(1997)
The Animal Train (1998)
Wide Awake (1998)
The Mighty (1998)
The Bear (1998)
Flipper and Lopaka (1999-2005)
Asterix & Obelix Take On Caesar (1999)
Children of Heaven (1999)
On the Line (2001)
The Adventures of Tom Thumb and Thumbelina (2002)
Asterix & Obelix: Mission Cleopatra(2002)
The Best of Tokyo Pig (2002)
Pokémon 4Ever (2002)
Pinocchio (2002)
Warriors of Virtue: The Return to Tao (2002)
Pokémon Heroes (2003)
A Wrinkle in Time (2003)
Bionicle: Mask of Light (2003)
Ella Enchanted (2004)
Chestnut: Hero of Central Park(2004) (DVD only)
Pokémon: Jirachi Wish Maker (2004)
Bionicle 2: Legends of Metru Nui(2004)
Finding Neverland (2004)
In Search of Santa (2004)
Paul McCartney: Music & Animation(2004)
Beyblade the Movie: Fierce Battle(2005)
Bionicle 3: Web of Shadows (2005)
My Scene Goes Hollywood: The Movie(2005)
Pokémon: Destiny Deoxys(2005)

Television

Miramax Television
Miramax Television is the television production division tasked with producing TV shows based on the existing Miramax films
library and original concepts. Its projects include:

Title Years Network Notes


Wasteland 1999 ABC
Clerks 2000–2002 ABC co-production with Touchstone Television
2001–
Project Greenlight HBO
2005; 2015
2004–
Project Runway Lifetime
present
From Dusk till Dawn:
2014–2016
The Series El Rey
Network
Crow's Blood 2017 [59]

Spy Kids: Mission 2018– co-production with The Weinstein Company, Mainframe Studios
Netflix
Critical present and Troublemaker Studios

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Further reading
Down and Dirty Pictures: Miramax, Sundance, and the Rise of Independent Film
by Peter Biskind (Simon &
Schuster, 2004)

External links
Official website
Miramax on IMDbPro (subscription required)
Miramax Family Films on IMDbPro (subscription required)
Miramax From Box Office Mojo

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