CATEGORIES Executive shifts, Disney, Distribution, The Weinstein Co., Miramax, Movie News, Cinematical
Well, so much for that. Right on the heels of the Deadline news that the Weinsteins wanted their Miramax back, The Wrap reports that the studio is closing. The New York and Los Angeles offices are being shut down, eighty people are losing their jobs, and there's no buyout in sight. It seems Disney didn't respond to buyout options, although Bob Iger said he would sell the studio outright for the oh-so-reasonable price of $1.5 billion.
Harvey said of the news: "I'm feeling very nostalgic right now. I know the movies made on my and my brother Bob's watch will live on as well as the fantastic films made under the direction of Daniel Battsek. Miramax has some brilliant people working within the organization and I know they will go on to do great things in the industry."
More than a name is dead. There are six movies waiting for distribution, three of which we've noted before.
The movies are said to be indefinitely shelved, or perhaps get a very limited release before going straight to video. But these aren't simply little nothing sorts of projects. Last Night is a Keira Knightley-led movie about a married couple dealing with temptations to cheat, The Debt is a remake of an Israeli thriller with John Madden at the helm, and finally and most painfully: The Tempest. This is the Shakespeare adaptation I wrote about in October of 2008, which sex-changed Prospero into Helen Mirren, and included the likes of Jeremy Irons, Djimon Hounsou, Russell Brand, Alfred Molina, and Geoffrey Rush. Oh yes, and it is Julie Taymor's latest Shakespeare adaptation after the wonderful Titus. (Frak.)
Here's hoping they can figure something out more worthy than throwing interesting films in the piles of barely noticed cinema because of studio politics.
In the interim, which is your favorite Miramax film?