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Nanula Takes Leave Of Absence From Miramax And Colony After Sex Scandal

SANTA MONICA, July 8, 2013 – Global film and television studio Miramax announced today that Thomas J. Barrack, Jr. has been named Chairman of the company, effective immediately, replacing Richard Nanula, who has resigned. Mr. Barrack is Chairman, and Chief Executive Officer of Colony Capital, LLC. Miramax is privately owned by an investor group that is led by Colony Capital, LLC.