BREAKING The Weinstein boys are back at Miramax. Colony Capital principal Tom Barrack Jr and The Weinstein Company co-chairmen Harvey and Bob Weinstein have set an alliance that will exploit the creative properties in the library that the brothers left behind when they exited Disney. The deal will span 20 years and multiple titles for films, TV series and live stage productions. Qatar Holding and Miramax will finance these, with TWC steering development and distributing domestically while Miramax distributes internationally. Qatar Holding and Colony Capital bought the Miramax library in 2010 for around $660 million.
They’ve been successful librarians, but now Colony Capital needs the talent relationships and development expertise of the Weinsteins to become content generators. “Sure, we own the intellectual property in the library, and most of the intellectual properties in development, but we didn’t have the art form. If I called Quentin Tarantino and said, I have a great idea how to do a Pulp Fiction TV series, chances are it would be a very short conversation,” Barrack told me. “The ability to take all these threads and sew them into a tapestry, is really the magic elixir. We’ve all decided it’s time for a quantum leap and that’s why we’re all together.” Read More »
Related: Richard Nanula Takes Leave Of Absence From Miramax & Colony Capital After Sex Scandal
This week’s sudden leave of absence for personal reasons isn’t the only sex related problem for Richard Nanula and Colony Capital. … Read More »
BREAKING… EXCLUSIVE… UPDATE: Few Hollywood business executives have as distinguished a record of success as Richard Nanula. Now Deadline has learned from Colony Capital that the former Walt Disney Company SEVP/CFO has taken an unexpected leave of absence for personal … Read More »
Remember when Mike Lang came to Cannes with Rob Lowe to tout Miramax Films’ aspirations to freshen and expand the film library with new projects culled from the script arsenal they bought along with 700 titles in the $663 … Read More »
Miramax Films, which made a deal with Netflix for its library titles in May, announced that its films will now be available in Latin America through the streaming service. We know that Netflix is also bracing for a UK launch, after Lionsgate UK made a streaming deal for its library titles to be shown there through Netflix. That deal was brokered last month.
SANTA MONICA, CA – September 6, 2011 – Miramax announced today that hundreds of its film titles will become available digitally in international markets for the first time under a multi-year agreement with Netflix. The announcement was made by Miramax CEO Mike Lang.
Beginning this month, Netflix members in Latin American territories including Mexico, Brazil, and Argentina will be able to instantly watch more than 140 Miramax movies, with dozens of titles being added on a rotating basis. The movies can be watched on multiple platforms, including TV, tablet, PC and mobile phones. Financial terms of the deal are not being disclosed.
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Exclusive: The Film Department Shutters
LOS ANGELES, CA — Former Miramax Films and Warner Independent president Mark Gill has been named President of Millennium Films. The company plans to produce and finance five to eight star-driven, wide-release films per year with budgets between $20 and $80 million.
Gill will work closely with Nu Image/Millennium Films toppers Avi Lerner and Trevor Short and development head Boaz Davidson, starting in July, with particular focus on development, packaging, production and marketing.
Gill has 25 years of film business experience and a production track record of more than $1 billion at the box office.
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Miramax Films chief Mike Lang came into Cannes determined to dispel the notion that his backers handed $660 million over to Disney simply to manage a film library. Lang met me at the Majestic Friday alongside Rob Lowe, the … Read More »
Larry Angrisani has been appointed senior vice president of World Marketing and Publicity for Graham King’s GK Films. He’ll be responsible for campaigns for TV, film and new media, based out of GK’s Santa Monica offices. Angrisani spent 7 years … Read More »
As expected, former News Corp exec Mike Lang was named CEO of the new Miramax Films now owned by construction magnate Ron Tutor and Tom Barrack’s Santa Monica-based Colony Capital (led by former Disney CFO Richard Nanula), and Qatar Holding. Colony Capital’s Nanula will be the key person picking a CEO … Read More »
The Walt Disney Co’s sale of Miramax Films to Filmyard Holdings for $663 million — subject to certain adjustments — has been completed, it was announced today by both companies. The actual owners are construction magnate Ron Tutor and Tom Barrack’s Santa … Read More »