PIONEERING independent film company, Miramax, founded by publicity hounds, Harvey and Bob Weinstein in 1979, is apparently up for sale, again. Miramax, which owns the rights to hundreds of Hollywood films including "Pulp Fiction" and "The English Patient," is exploring its profiteering options.
The Santa Monica based company is currently held by an investor group including Qatar Holding and investment firm Colony Capital, which purchased the company from Disney in 2010 for $660 million.
While the company is best known for both its Oscar seeking trickery and its extensive cash cow film library, Miramax has recently started to distribute new movies ("Mr. Holmes") and also ventured into TV production with a Spanish/Latin market oriented series based on Robert Rodriguez's film "From Dusk Till Dawn." Insiders say, the pricetag is in the billion dollar neighborhood. OF COURSE.
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