Thursday, January 28, 2010

Disney Closes Miramax Studio

Published: 6:37PM Friday January 29, 2010

Source: ONE News

After months of rumors about its demise, Disney has closed its indie studio Miramax according to founder Harvey Weinstein.


The arthouse movie studio, started by Harvey and his brother Bob Weinstein over 30 years ago and then bought by Disney, is closing its New York and Los Angeles offices and laying off 80 employees, according to an interview on TheWrap.com.

Miramax made Peter Jackson's film Heavenly Creatures in 1994 and the Weinstein brothers had a strong relationship with the Kiwi director.

Disney had already taken steps to downsize Miramax by reducing the number of films the label released annually.

The loss of Miramax is a blow for the independent film industry, which has been shrinking as other Hollywood studios reduce their indie divisions.

Other hits Miramax produced or distributed were Pulp Fiction, Sex, Lies and Videotape, The English Patient, Chicago and Shakespeare in Love.

"I'm feeling very nostalgic right now," Harvey Weinstein told TheWrap.com. "I know the movies made on my and my brother Bob's watch will live on."
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1 comment:

  1. jeff MilsteinJanuary 29, 2010 at 5:52 AM

    Didn't they shoot Top Gun partly through their/

    ReplyDelete

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