Miramax is For Sale

Miramax is For Sale
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The legendary Miramax Films, now just Miramax, a subsidiary of an obscure investment fund company called Filmyard Holdings, is again available for purchase. They started out with Ziggy Stardust and the Spiders from Mars and had such gems in their portfolio as Working Girls, Sex, Lies, Videotape, My Left Foot, Cinema Paradiso, The Grifters, Delicatessen, Reservoir Dogs, The Piano, The Crow, Pulp Fiction, Clerks, Mighty Aphrodite, Trainspotting, The English Patient, Good Will Hunting, Life is Beautiful, Shakespeare in Love and many, many more. More recent releases include There Will Be Blood and the much anticipated Mr. Holmes.

Originally founded by brothers Bob and Harvey Weinstein, Miramax was named after their Parents, Miriam and Max. They owned the company until it was purchased by The Walt Disney Company for mere $60 million. Bob and Harvey continued to work there until 2005, when they left to found The Weinstein Company, taking also the lucrative and successful Dimension Films along. Disney tried rather unsuccessfully to hold on to Miramax, but the endeavour ended when they sold the company for $663 to Filmyard Holdings, which in turn are looking to sell the company now for a round billion of US dollars.

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At some point Google was interested in purchasing it, now there is a lot of rumours going around, one of which pertaining to Lions Gate Entertainment Corporation – Lionsgate for short. This Montreal, British Columbia, Canada based company used to be called Cinepix Film Properties with their North Shore Studios. They have currently total assets amounting to almost $3 billion, with revenue that is currently estimated for 2014 at more than $2.5 billion. They had enormous success with The Twililght Saga movies and currently with The Hunger Games and the Divergent series of movies.

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