With the doors closed, Disney is trying to get rid of Miramax's merchandise. In other words, the library that boasts 700 films and brought in over 200 Oscar nominations, shelves that include titles like Pulp Fiction, Chicago, No Country for Old Men, and Shakespeare in Love. According to The New York Times' Media Decoder, there are roughly 7-10 interested bidders willing to pay over $700 million for the name and its films -- one of whom, so far, doesn't include The Weinsteins.

The pack does include, however, Summit Entertainment -- the small little studio that grabbed a tossed-off Twilight Saga and made themselves a mint. Decoder notes that the company doesn't have its own large library to bring in extra coin, and "could use the steady if diminishing DVD and television-resale income that comes from one."

Analysts think that old-title income is over $300 million per year, although Disney has never released a number. However, that $300 might be very, very off. Wax Word at The Wrap notes that "According to two individuals who have had access to the financials, the library threw off about $100 million in net cash flow for the year according to the latest available figures." They also report that billionaire Nelson Peltz is interested -- the man who once owned Snapple, who now owns part of Cadbury-Schweppes, and currently has no hands in the movie business.

Should that $100 million be right, it's doubtful that many would be willing to wait 7+ years to make their money back, and if some interested parties start backing down, maybe The Weinsteins will be able to dance in and grab control of their studio once again.
CATEGORIES Movies, Cinematical