Miramax Films: Difference between revisions

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===Background===
===Background===
'''Miramax Films''' is a film and television production and distribution company that was started in 1979 by Bob Weinstein and his now-disgraced brother Harvey. The company name was created by combining the names of their parents: their mother '''Mir'''i'''a'''m, and father '''Max'''. In 1987, they went full throttle as far as producing/distributing movies are concerned. In 1992, [[Dimension Films]] was created by Bob as a division of Miramax. A year later, in 1993, Miramax, along with Dimension, was purchased by The Walt Disney Company, though it still licensed home video rights to Live Entertainment (which had already been distributing select Miramax titles, beginning with ''Hostile Takeover'', on videocassette) until it formed a new home video division in late 1994.  
'''Miramax Films''' is a film and television production and distribution company that was started in 1979 by Bob Weinstein and his now-disgraced brother Harvey. The company name was created by combining the names of their parents: their mother '''Mir'''i'''a'''m, and father '''Max'''. In 1987, they went full throttle as far as producing/distributing movies are concerned. In 1992, [[Dimension Films]] was created by Bob as a division of Miramax. A year later, in 1993, Miramax, along with Dimension, was purchased by [[The Walt Disney Company]], though it still licensed home video rights to Live Entertainment (which had already been distributing select Miramax titles, beginning with ''Hostile Takeover'', on videocassette) until it formed a new home video division in late 1994.  


On March 29, 2005, the Weinstein brothers decided to leave both Disney and Miramax and took the Dimension label with them (a split which was consummated on September 30), and in October of that year, they founded another film company, [[The Weinstein Company]]. In January 2010, Disney shut down Miramax's New York and Los Angeles offices and consolidated all operations to Disney's native Burbank. The move resulted in 70 job losses and 10 were kept to keep running the label. Disney also cut releases each year from 6 to just 3. Former Disney Studio chairman Dick Cook wanted to keep Miramax but resigned, with his successor, Rich Ross, deciding on selling the studio. Disney CEO Bob Iger confirmed this on a conference call when questioned about a possibility of selling Miramax.  
On March 29, 2005, the Weinstein brothers decided to leave both Disney and Miramax and took the Dimension label with them (a split which was consummated on September 30), and in October of that year, they founded another film company, [[The Weinstein Company]]. In January 2010, Disney shut down Miramax's New York and Los Angeles offices and consolidated all operations to Disney's native Burbank. The move resulted in 70 job losses and 10 were kept to keep running the label. Disney also cut releases each year from 6 to just 3. Former Disney Studio chairman Dick Cook wanted to keep Miramax but resigned, with his successor, Rich Ross, deciding on selling the studio. Disney CEO Bob Iger confirmed this on a conference call when questioned about a possibility of selling Miramax.  
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