Disney’s Miramax Label is No More
The offices of Disney’s Miramax label closed in New York and LA over the weekend, according to The Canadian Press. Although the offices have closed, there are about six films left to be distributed from the Miramax label by Disney through 2011. After that, it is not clear if Disney will hang on to the label or sell it. If they go for the latter option, one of the front runners would be Bob and Harvey Weinstein (who came up with the company’s name by combining their parents’ first names, Miriam and Max) from whom Disney bought Miramax in 1993 for $80 million.
