Who founded Miramax and when did they open their first office?
Harvey and Bob Weinstein opened their first office in Buffalo, New York during 1979. They named the company by combining the names of their parents Miriam and Max.
Questions about Miramax
Short answers, pulled from the story.
When did Disney purchase Miramax Films and for how much money?
The Walt Disney Company purchased Miramax Films on the 30th of June 1993 for $60 million. This deal included assuming all debt exceeding $40 million held by the independent studio.
Why did Harvey and Bob Weinstein leave Disney in 2005?
Disney and the Weinsteins announced on the 30th of March 2005 that they would not renew their contract due to a dispute over the distribution of Michael Moore's Fahrenheit 9/11. Their existing agreements expired at the end of September 2005.
What happened to Lord of the Rings rights after Miramax sold them?
Miramax sold the rights to New Line Cinema in August 1998 for about $12 million because Disney disliked the cost of a two-part production. The studio retained a 5% stake in the gross profits and gave 2.5% to the Weinsteins.
Who acquired Miramax in December 2010 and what was the sale price?
Disney closed the sale of Miramax for $663 million to Filmyard Holdings on the 3rd of December 2010. This investment group included Colony NorthStar Tutor-Saliba Corporation and Qatar Investment Authority.