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[ Disney & Miramax prepare to split ]

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Old 10-12-2004, 08:42 AM   #1 of 17
Chris
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Disney & Miramax prepare to split


http://story.news.yahoo.com/news?tmp...ms_m_maxed_out

Disney will not renew it's distribution agreement with Miramax, it seems.



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Old 10-12-2004, 09:01 AM   #2 of 17
Patrick Sun
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In this week's Entertainment Weekly, there was an article about this topic as well. Miramax has been shedding personnel in order to be lean and mean when their distribution deal with Disney expires.



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Old 10-12-2004, 09:33 AM   #3 of 17
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So both Pixar and Miramax are out and much of the old animation staff had been cut back.

Is M. Night under any type of contract with Beuna Vista? Even despite the lukewarm reception given to "The Village", it seems like he's their most bankable asset.
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Old 10-12-2004, 10:10 AM   #4 of 17
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Quote:
Miramax has been shedding personnel in order to be lean and mean when their distribution deal with Disney expires.
I was under the impression that it wasn't a distribution deal, but that Disney OWNS Miramax. What's likely to happen is that one or both of the Weinsteins will leave after their contract is up, leaving Disney with the Miramax brand and library and the Weinsteins free to start a new company or get hired on to run another major's boutique division. There had been talk that they may try to buy Miramax back from Disney, but that now looks unlikely.



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Old 10-12-2004, 04:18 PM   #5 of 17
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Dreamworks bringing in the Weisteins to juice up their own small films effort? Holy Oscar-lock Batman!


Yay, Disney will own Pixar's genius and Miramax's genius without the smelly creative teams there to get in the way. Now we can add shitting on those legacies to shitting on their own I suppose.

Straight to video flicks like GoNY 2 and Shakespeare in Love, Again.

And just imagine what the Miramax label will be like if Disney keeps it going? After all the bickering over their films being too edgy and such we can expect the most disgusting of all mixed breeds, the safe indepedent flick.


Mike E has really done his share to buy up as much of the good things in Hollywood so that he can then piss on them later. I realize that in both cases these companies needed the money and the pairing, but in the end its like a deal with the devil where you lose your soul (or your life's work in this case).


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Old 10-12-2004, 09:10 PM   #6 of 17
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I was kinda looking forward to Disney pushing for a straight to video "Kill Bill: A Christmas Extravaganza".
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Old 10-14-2004, 12:32 AM   #7 of 17
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Disney Fires the Weinsteins!


Quote:
Walt Disney Co. has given maverick Hollywood movie moguls Harvey and Bob Weinstein notice that it intends to end their Oscar-winning partnership after 12 years.

The US entertainment giant has let the founders of the once independent Miramax studios that has produced such Oscar winners as 2002's "The Hours" and "Chicago," know that it intends to cut them loose in September 2005, the industry bible Daily Variety said.

The Weinstein brothers, who founded Miramax in 1979 and went on to change the ground rules for Hollywood movie-making, sold the studio to Disney in 1993 under a deal that allowed them to stay on and run it.

The brothers' deal expires in 2009, but an option in the contract allows Disney to renegotiate the relationship in 2005, an option that Variety said is now looming amid months of squabbling between the outspoken pair and their corporate parent.

The Weinsteins are however still lobbying Disney's board of directors in the hope that the stellar financial performance of its recent hits will force a change in course.

"Bob and Harvey hope for an amicable resolution that will allow them to continue to be productive members of the Disney family," Variety quoted a Miramax spokesman as saying.

Disney declined to comment on the report that came after a public squabble between the pair earlier this year over Disney's refusal to distribute Michael Moore's Miramax-funded "Fahrenheit 9/11," which attacked US President George W. Bush.

Variety however quoted Disney sources as saying that while the Weinstein contract talks were continuing, the two sides had "exchanged oral and written communication stating that the current arrangement with Miramax will not continue after next year."

The Weinstein's have courted both Oscars glory and controversy in Hollywood through their courageous choice in projects and the disputed way in which they lobbied ruthlessly for Academy Awards recognition.

The pair gave the greenlight to films that no major studio would touch and turned them into gold, including the risky musical "Chicago," "The English Patient" and Quentin Tarantino's "Pulp Fiction."
-Yahoo! News Singapore

Quite the development! Seems Eisner is cleaning house before he leaves in what seems to be a move motivated by spite. I wonder if Eisner, between alienating Pixar, eliminating the animation department, and now firing the Weinsteins, is performing a "scorched earth" plan to create problems for his successor in an attempt to show Disney shareholders and board members what a mistake it was to drive him out.



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Old 10-14-2004, 12:59 AM   #8 of 17
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Whoa! This is major news. I wonder if Disney is trying to shed weight for a possible take-over or something. If they lose Pixar as well, their financial future can't be looking that good. I know they have Touchstone, the theme parks, and merchandising up the wazoo,among other things, but losing these two companies won't be good for the bottom line.


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Old 10-15-2004, 12:52 AM   #9 of 17
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If this keeps up, exactly WHAT will Disney be doing to be in business? No hand drawn animation films, no computer animation films, thanks to the screwing of Pixar, and now the Weinsteins.

Gads, I'll bet Walt is turning over in his refrigerator!



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