Who founded Miramax and when was it established?
Harvey and Bob Weinstein along with executive Corky Burger founded Miramax in 1979. The company name is a portmanteau of the founders' parents' names Miriam and Max.
Common questions about Miramax
Short answers, pulled from the story.
What was the first major success of Miramax and when did it occur?
Miramax achieved its first major success in the summer of 1982 with the film The Secret Policeman's Other Ball. This concert film was edited from footage of two benefit shows for Amnesty International that the Weinsteins acquired U.S. rights to.
When did The Walt Disney Company purchase Miramax and for how much?
The Walt Disney Company purchased Miramax Films on the 30th of June 1993 for $60 million. The deal included the assumption of all company debt which exceeded $40 million at the time.
When did Disney and the Weinstein brothers end their partnership and what happened to the Miramax name?
Disney and the Weinsteins announced they would not renew their contractual relationship on the 30th of March 2005. The Miramax Films name remained with Disney while the Weinstein brothers started The Weinstein Company and took the Dimension Films label with them.
When was Miramax sold to beIN Media Group and what was the sale price?
Miramax was sold to beIN Media Group on the 2nd of March 2016. This transaction occurred after the company was put up for sale for an offer of $1 billion by Qatar and Colony NorthStar on the 17th of July 2015.
When did Paramount Global acquire a stake in Miramax and who became the new CEO in 2024?
ViacomCBS announced it would acquire a 49% stake in Miramax on the 20th of December 2019 and the deal closed on the 3rd of April 2020. Jonathan Glickman was officially named Miramax's new CEO on the 2nd of April 2024.