Miramax#Miramax Television
{{Short description|American film and television distribution company}}
{{For|the former book publishing division of Miramax|Miramax Books}}
{{Use mdy dates|date=October 2022}}
{{Infobox company
| name = Miramax, LLC
| logo = File:Miramax.svg
| logo_caption = Wordmark used since 2010 and byline used since 2022
| trade_name =
| former_name = Miramax Films (1979–2010)
| type = Joint venture
| predecessor =
| successor =
| founded = {{start date and age|1979|12|19}}
Buffalo, New York, U.S.
| founders = {{plainlist|
}}
| hq_location_city = Los Angeles, California
| hq_location_country = U.S.
| key_people = {{Plainlist|
- Jonathan Glickman (CEO)
- Nasser Al-Khelaifi (chairman)
- Becky Sloviter (president, Motion Picture Group)
- Alix Jaffe (president, Television)
- Kirby Adams (Head, Physical Production)
}}
| industry = {{ubl|Film|Television}}
| owners = {{ubl|beIN Media Group
(51%) (2016–present)|Paramount Global (49%) (2020–present)}}
| products = Motion pictures
Television programs
| parent = {{ubl|Walt Disney Studios (1993–2010)|Filmyard Holdings (2010–2016)}}
| divisions = {{ubl|Miramax Television|Miramax Family|Miramax Animation|Dimension Films (1992–2005)|Miramax Books (1979–2005)|Miramax Home Entertainment (1994–2010)|Dimension Home Video (1994–2006)|Miramax/Dimension Home Entertainment (1997–2005)}}
| subsid =
| website = {{Official website|https://www.miramax.com/}}
| num_employees = 100+
}}
Miramax, LLC, formerly known as Miramax Films, is an American independent film and television production and distribution company owned by beIN Media Group and Paramount Global. Based in Los Angeles, California, it was founded on December 19, 1979, by brothers Bob and Harvey Weinstein.
Miramax was a leading producer and distributor of independent films until it was acquired by The Walt Disney Company on June 30, 1993. In 2010, Disney sold Miramax to Filmyard Holdings, a joint venture of Colony NorthStar, Tutor-Saliba Corporation and Qatar Investment Authority.{{Cite web|date=July 30, 2010|title=Disney sells Miramax film studios|language=en-GB|website=BBC News|url=https://www.bbc.co.uk/news/business-10814344|access-date=July 20, 2021}}{{Cite web|date=July 30, 2010|title=Disney sells Miramax to investment group for $660m|url=http://www.theguardian.com/business/2010/jul/30/film-industry-privateequity|access-date=July 20, 2021|website=The Guardian|author-first1=David|author-last1=Teather}} In March 2016, Miramax was sold to the beIN Media Group, which later sold a 49% stake to Paramount Global (previously known as ViacomCBS) on April 3, 2020.
History
=Independent era (1979–1993)=
Miramax was founded as Miramax Films by the Weinstein brothers, Bob and Harvey along with executive Corky Burger in Buffalo, New York, in 1979, and was named by combining the first names of their parents, Miriam and Max.{{cite news|url=https://www.vanityfair.com/news/2003/04/max-weinstein-200304|title=All Thanks to Max|last=Weinstein|first=Bob|author-link=Bob Weinstein|date=April 2003|work=Vanity Fair}} It was created to distribute independent films deemed commercially unfeasible by the major studios.
The company's first major success came when the Weinsteins teamed up with British producer Martin Lewis and acquired the U.S. rights to two concert films Lewis had produced of benefit shows for human rights organization Amnesty International. The Weinsteins worked with Lewis to distill the two films into one film for the American marketplace. The resulting film, the American version of The Secret Policeman's Other Ball, was a successful release for Miramax in the summer of 1982. This release presaged a modus operandi that the company would undertake later in the 1980s of acquiring films from international filmmakers and reworking them to suit American sensibilities and audiences. In its early years, Miramax Films had to focus primarily as a catalyst for music and decided to do a licensing agreement with Thorn EMI Video to release several of Miramax's early films.{{Cite magazine|date=February 28, 1982|title=Miramax Marries Movies and Music|page=55|magazine=Billboard|url=https://worldradiohistory.com/hd2/IDX-Business/Music/Billboard-Index/IDX/1982/1982-08-28-Billboard-Page-0055.pdf|access-date=December 30, 2021}}
Among the company's other breakthrough films as distributors in the late 1980s and early 1990s were Pulp Fiction, Scandal, Sex, Lies, and Videotape, Tie Me Up! Tie Me Down!, The Crying Game, and Clerks. The company also made films such as Flirting with Disaster, Heavenly Creatures, and Shakespeare in Love.
Miramax Films acquired and/or produced many other films that did well financially. The company became one of the leaders of the independent film boom of the 1990s. Miramax Films produced or distributed seven films with box office grosses totaling more than $100 million; its highest grossing title, Chicago, earned more than $300 million worldwide.{{cite web|url=https://www.boxofficemojo.com/release/rl1816888833/|title=Chicago|work=Box Office Mojo|access-date=February 17, 2012}}
The company was also successful in securing Academy Award nominations for its releases, many of which resulted in Oscar wins.
=Disney era (1993–2010)=
On June 30, 1993, The Walt Disney Company purchased Miramax Films for $60 million and assumed all of the company's debt, which was more than $40 million. The acquisition gave Disney entry to the independent film market.{{cite web|url=https://deadline.com/2019/09/harvey-weinstein-disney-past-miramax-legacy-peter-bart-1202738148/|title=Peter Bart: A Disney Deal Gone Wrong: How Mouse Money Fueled Harvey Weinstein's Alleged Predation As Miramax Mogul|first=Peter|last=Bart|date=September 19, 2019|website=Deadline Hollywood|access-date=September 19, 2019}} Harvey and Bob Weinstein continued to operate Miramax Films until they left the company on September 30, 2005. During their tenure, the Weinstein brothers ran Miramax Films independently of other Disney subsidiaries and, as a result, had more autonomy than the other Disney-owned companies. Disney, however, had the final say on what Miramax Films could release (for example, Disney had banned Miramax Films from releasing Kids, Dogma and Fahrenheit 9/11).{{cite magazine| url=https://variety.com/2005/scene/vpage/the-ripple-effect-1117930598/ |title= The ripple effect | magazine=Variety |date=October 16, 2005 |author=Stuart Miller |archive-url= https://web.archive.org/web/20160305011541/http://variety.com/2005/scene/vpage/the-ripple-effect-1117930598/ |access-date=October 2, 2011|archive-date= March 5, 2016 }} Disney's Buena Vista Home Entertainment division released Miramax output on VHS, DVD, and Blu-ray Disc under the name Miramax Home Entertainment in some countries, including the United States; elsewhere, the overall distribution of Miramax Films' output was passed to the regional licensees of Miramax International, a distribution arm of Miramax Films that was fully autonomous from Disney's own distribution operations.
With a more stable budget, Miramax Films began moving beyond acquisitions and distribution and into film production. Until September 30, 2005, the company also operated the label Dimension Films, which was solely founded by Bob to specialize in teen, horror, and other genre films,{{cite web|last=Mason|first=Ian Garrick|title=When Harvey met Mickey|work=New Statesman|location=UK|date=October 11, 2004|url=https://www.newstatesman.com/node/160714|access-date=January 11, 2007|archive-date=April 2, 2019|archive-url=https://web.archive.org/web/20190402155239/https://www.newstatesman.com/node/160714|url-status=dead}} and created the Scream and Scary Movie film franchises. Harvey funded larger projects from up-and-coming directors, including Robert Rodriguez, Gus Van Sant, and Quentin Tarantino. Some of the films earned Oscars. At times the studio tried to release a film almost weekly.{{Cite magazine |last=Tavlin |first=Will |date=Winter 2025 |title=Casual Viewing |url=https://www.nplusonemag.com/issue-49/essays/casual-viewing/ |access-date=2025-02-01 |magazine=n+1 |language=en-US |issue=49}}
In 1997, Miramax Films joined Peter Jackson as a primary financial backer in attempting to get the Lord of the Rings films produced. Disney disliked the cost of a two-parter, requesting that it be produced as a single film. Jackson and Saul Zaentz rejected Disney's request and looked for another studio or financier. Thus, Miramax Films sold the rights for The Lord of the Rings and The Hobbit to New Line Cinema in August 1998 for about $12 million, which led The Lord of the Rings to be produced as a trilogy. Miramax Films retained a 5% stake in the films' gross and then gave 2.5% to the Weinsteins.{{cite news|last=Quinn|first=Karl|title=Lord of the Rings a chronicle of legal disputes|url=https://www.smh.com.au/entertainment/movies/lord-of-the-rings-a-chronicle-of-legal-disputes-20131213-2zcxp.html|access-date=November 6, 2017|work=The Sydney Morning Herald|date=December 14, 2013}}
Through Miramax Films, Harvey founded Talk magazine with Tina Brown in 1998 (it shut down in 2002), albeit without the approval of then-Disney chief Michael Eisner, which upset Eisner. Also that year, 30 former employees filed suit over unpaid overtime wages.
By 2003, Miramax Films was less operative in the independent film market and became more of a mini-major as the company only acquired 3 films while producing Cold Mountain for $80 million. The Weinsteins claimed the company was profitable, but Walt Disney Company president Robert Iger indicated in June 2004 that they were not properly accounting for "account standard overhead, distribution fees, bonuses that we pay Harvey and Bob. Nor are they applying current accounting rules."
After extensive negotiations and much media and industry speculation, on March 30, 2005, Disney and the Weinsteins announced that they would not renew their contractual relationship when their existing agreements expired at the end of September 2005. The primary source of dispute was over distribution of Fahrenheit 9/11 by Michael Moore. Disney's film studio consortium, Buena Vista Motion Pictures Group, assumed control of Miramax Films, which was projected to have a smaller annual production budget. The Weinsteins started a new film production company called The Weinstein Company (TWC) and took the Dimension Films label with them. The Miramax Films name remained with the film studio owned by Disney. Production at Miramax Films was taken over by Daniel Battsek,{{cite news|title=Miramax offices close, Disney says brand continues|agency=Associated Press|website=The Boston Globe|date=January 29, 2010|url=https://archive.boston.com/ae/movies/articles/2010/01/29/miramax_offices_close_disney_says_brand_continues/}} who had been head of Buena Vista International in the UK. Battsek refocused Miramax Films to produce films of high quality but low budget. Maple Pictures held the rights to distribute Miramax films in Canada from 2008 up until August 10, 2011, when Maple Pictures was acquired by Alliance Films.{{cite news|author=Etan Vlessing|url=https://www.hollywoodreporter.com/news/analysts-welcome-lionsgate-selling-maple-203710|title=Analysts Welcome Lionsgate Selling Maple Pictures to Alliance Films|work=The Hollywood Reporter|date=June 21, 2011}} At the time, the company was criticized for delaying or withholding release of Asian films to which it acquired the U.S. distribution rights.{{cite magazine|last=Epstein|first=Edward Jay|title=The great illusionist|magazine=Slate|date=October 10, 2005|url=https://slate.com/culture/2005/10/harvey-weinstein-rides-again.html|access-date=January 11, 2007}} Previously, in 2003, the company was criticized for trying to bar retailers from legally exporting authentic DVDs of the films.{{cite magazine|url=https://www.wired.com/entertainment/music/news/2003/12/61554|title=Studio Warns Kung Fu Site|author=Katie Dean|magazine=Wired|date=December 15, 2003}}
On October 3, 2009, Disney announced that the staff of Miramax Films was to be reduced by 70%, and the number of releases would be reduced by half to just three films per year. The label's marketing, distribution, and administrative functions, which had operated independently, would be folded into the parent studio in Burbank. The move became effective in January 2010.{{cite news|url=http://linkoo.top/disney-slash-miramax-films-staff-20-reduce-releases-3-year/|title=Disney to slash Miramax films staff to 20, reduce released to 3 a year|date=May 26, 2016|work=linkoo.top|url-status=dead|archive-url=https://web.archive.org/web/20160601030618/http://linkoo.top/disney-slash-miramax-films-staff-20-reduce-releases-3-year/|archive-date=June 1, 2016|access-date=October 15, 2019}} On October 30, 2009, Disney announced the resignation of Daniel Battsek as President of Miramax Films, effective when the transition from the studio in New York to Burbank was completed.{{cite news|url=https://www.nytimes.com/2009/10/31/business/media/31film.html|title=Daniel Battsek stepping down as President of Miramax|author=Brooks Barnes|work=The New York Times|date=October 31, 2009|url-access=limited}} The company merged its operations with The Walt Disney Studios on January 28, 2010, shutting down Miramax Films' separate New York and Los Angeles offices.{{cite web|url=https://www.thewrap.com/miramax-dies-rest-peace-13606/|title=Miramax Dies: Rest in Peace|last=Waxman|first=Sharon|date=January 27, 2010|access-date=February 8, 2010}}
Though Disney Studio Chairman Dick Cook was a staunch supporter of Miramax Films, the brand was less of a priority for CEO Bob Iger, whose strategy was to focus on Disney's branded mass entertainment that could be exploited across Disney's theme parks, television, and consumer products. Following Disney's $4 billion acquisition of Marvel Entertainment in 2009, Cook was succeeded by Rich Ross.{{cite news|url=https://latimesblogs.latimes.com/entertainmentnewsbuzz/2009/09/dick-cooks-dismissal-as-head-of-walt-disney-studios-makes-the-future-fate-of-specialty-movie-operation-miramax-films-appear-e.html|title=Will there be a place for Miramax in Disney's new movie script?|last=Eller|first=Claudia|date=September 24, 2009|work=Los Angeles Times}} As a result, Miramax Films was relegated to the status of distribution label within the Walt Disney Company.{{cite news|url=https://variety.com/2010/film/features/rich-ross-reshapes-disney-film-studios-1118014464/|title=Rich Ross reshapes Disney film studios|work=Variety|first=Marc|last=Graser|date=January 29, 2010}} Disney confirmed that it was looking into selling the Miramax label on February 9, 2010, with Bob Iger explaining "We determined that continuing to invest in new Miramax movies wasn't necessarily a core strategy of ours".{{cite news|url=https://www.businessinsider.com/on-the-call-disneys-ceo-bob-iger-on-miramax-2010-2|title=On the Call: Disney's CEO Bob Iger on Miramax|work=Business Insider|date=February 9, 2010}}{{dead link|date=October 2019|fix-attempted=yes}}
=Other companies and post-Disney ownership era (2010–2019)=
On December 3, 2010, Disney closed the sale of Miramax for US$663 million to Filmyard Holdings, an investment group and joint venture of Colony NorthStar, Tutor-Saliba Corporation, and Qatar Investment Authority. The sale included 700 film titles, books, development projects, and the "Miramax" name. Mike Lang, the former News Corporation business development executive who was selected as the CEO of Miramax,{{cite news|url=https://finance.yahoo.com/news/Disney-completes-663M-sale-of-apf-1909918456.html|title=Disney completes $663M sale of Miramax|author=Ryan Nakashima|agency=Associated Press via Yahoo! News|date=December 5, 2010|url-status=dead|archive-url=https://web.archive.org/web/20110629044428/https://finance.yahoo.com/news/Disney-completes-663M-sale-of-apf-1909918456.html?x=0|archive-date=June 29, 2011}} indicated that the company would focus on their existing library, though they would continue making original content.{{cite web|url=https://www.thewrap.com/miramax-ceo-michael-lang-were-re-establishing-brand-23248/|title=Miramax CEO Lang Grilled: 'We're Focusing on the Library'|last=Lang|first=Brent|publisher=The Wrap|date=December 14, 2010}}{{Cite web|title=Disney sells Miramax for $660 million - Jul. 30, 2010|url=https://money.cnn.com/2010/07/30/news/companies/disney_miramax/index.htm|access-date=July 20, 2021|publisher=CNN}}
After the sale was closed, some films already developed at Miramax, including The Tempest and Gnomeo & Juliet, were eventually released by Disney under its Touchstone Pictures banner, and theatrical distribution of Don't Be Afraid of the Dark{{cite web|url=https://deadline.com/2011/02/filmdistrict-to-distribute-dont-be-afraid-of-the-dark-remake-106260/?x=0|website=Deadline Hollywood|title=FilmDistrict To Distribute 'Don't Be Afraid Of The Dark' Remake|date=February 14, 2011}} and The Debt{{cite web|url=https://collider.com/the-debt-focus-features-miramax/75337/|website=Collider|title=Focus Features to Distribute Miramax's THE DEBT Starring Helen Mirren and Sam Worthington|date=February 9, 2011|access-date=February 26, 2020|archive-date=February 26, 2020|archive-url=https://web.archive.org/web/20200226112358/https://collider.com/the-debt-focus-features-miramax/75337/|url-status=dead}} were shifted to FilmDistrict and Focus Features respectively.
On December 16, 2013, Miramax entered into a deal with Harvey and Bob Weinstein's The Weinstein Company to develop and distribute select derivative works of films from the former studio. Sequels, television series, or stage productions of titles such as Rounders and Shakespeare in Love were among the projects said to be part of this agreement.{{cite web|url=https://www.thewrap.com/miramax-weinstein-co-announce-pact-produce-sequels-23286/|title=Miramax, Weinstein Co. to Produce Sequels to "Bad Santa," "Swingers" (updated)|author=Dylan Stableford|publisher=The Wrap|date=December 16, 2010}}{{cite web|url=https://deadline.com/2013/12/miramax-twc-linkup-means-homecoming-shakespeare-in-love-and-rounders-sequels-and-good-will-hunting-series-652892/|title=Miramax TWC Linkup Homecoming Means 'Shakespeare In Love' And 'Rounders' Sequels, And 'Good Will Hunting' Series|first=Mike Jr.|last=Fleming|date=December 16, 2013}}{{cite press release|url=https://www.miramax.com/search/?q=press,%20miramax-and-the-weinstein-company-enter-into-multi-year-production-and-distribution-agreement-reuniting-weinsteins-and-company-they-founded&ref=404|title=Press Release 12/16/13|archive-url=https://web.archive.org/web/20150315014440/http://www.miramax.com/press/miramax-and-the-weinstein-company-enter-into-multi-year-production-and-distribution-agreement-reuniting-weinsteins-and-company-they-founded/|archive-date=March 15, 2015|website=Miramax.com}}
On July 17, 2015, Qatar and Colony NorthStar put Miramax up for sale for an offer of $1 billion.{{cite news|url=https://variety.com/2015/film/news/miramax-for-sale-1-billion-pricetag-1201543257/|title=Miramax for Sale — But $1 Billion Pricetag May Be Too Rich|last=Rainey|first=James|work=Variety|date=July 17, 2015|access-date=July 31, 2015}}{{cite news|url=https://deadline.com/2015/07/miramax-sale-colony-capitol-qatar-holding-1201479965/|title=Investors Explore Sale Of Miramax For As Much As $1B: Report|author=Kinsey Low|work=Deadline|date=July 17, 2015|access-date=July 31, 2015}}{{cite news|url=https://www.reuters.com/article/us-miramax-m-a-idUSKCN0PR2FV20150717|title=Film studio Miramax explores sale: sources|date=July 17, 2016|agency=Reuters|last1=Baker|first1=Liana B.}} Harvey and Bob Weinstein had reportedly regained interest in reacquiring the studio via TWC in September.{{cite news|last=Fleming |first=Mike Jr.|title=David Glasser Staying As Weinstein Company COO/President|url=https://deadline.com/2015/09/david-glasser-weinstein-company-coo-president-harvey-weinstein-bob-weinstein-1201519599/|access-date=August 23, 2016|website=Deadline Hollywood|date=September 9, 2015}}{{cite news|last=Faughnder|first=Ryan|title=David Glasser to stay with the Weinstein Co. through 2018|url=https://www.latimes.com/entertainment/envelope/cotown/la-et-ct-david-glasser-to-stay-with-the-weinstein-co-through-2018-20150909-story.html|access-date=August 23, 2016|work=Los Angeles Times|date=September 9, 2015}}{{cite news|last=McNary|first=Dave|title=David Glasser Reverses Course, Staying at the Weinstein Co.|url=https://variety.com/2015/film/news/david-glasser-reverses-course-staying-at-the-weinstein-co-1201589280/|access-date=August 23, 2016|work=Variety|date=September 9, 2015}}{{cite news|last=Lang|first=Brent|title=Interview: David Glasser on Why He Decided to Stay at the Weinstein Co.|url=https://variety.com/2015/film/news/interview-david-glasser-on-why-he-decided-to-stay-at-the-weinstein-company-1201589649/|access-date=August 23, 2016|work=Variety|date=September 9, 2015}}{{cite news|last=Siegel|first=Tatiana|title=Weinstein's 'Shanghai' Surprise: Movie Gets Release After Seven Years|url=https://www.hollywoodreporter.com/news/weinsteins-shanghai-surprise-movie-gets-828154|access-date=August 23, 2016|work=The Hollywood Reporter|date=September 30, 2015}}{{cite news|last=Cieply|first=Michael|title=The Weinstein Brothers Have Oscar Gold. Now They Need Cash.|url=https://www.nytimes.com/2015/12/20/business/media/the-weinstein-brothers-have-oscar-gold-now-they-need-some-cash.html|access-date=August 23, 2016|work=The New York Times|date=December 20, 2015|url-access=limited}} On March 2, 2016, Miramax was sold to beIN Media Group, a spinoff of Al Jazeera Media Network (which formerly owned its namesake beIN Sports).{{cite news|url=https://deadline.com/2016/03/bein-media-group-acquires-miramax-1201713199/|title=Miramax Acquired By Qatar-Based beIN Media Group|first=Anita|last=Busch|newspaper=Deadline|date=March 2, 2016}}{{Cite web|url=https://www.beinmediagroup.com/article/bein-media-group-acquires-miramax/|title=beIN MEDIA GROUP Acquires MIRAMAX® - beIN EN|date=March 2, 2016 }}{{cite news|last=Cieply|first=Michael|title=Miramax Is Bought by the Qatari beIN Media Group|url=https://www.nytimes.com/2016/03/03/business/media/miramax-is-bought-by-the-qatari-bein-media-group.html|access-date=August 23, 2016|work=The New York Times|date=March 2, 2016|url-access=limited}}
On a July 21, 2016, interview, Harvey Weinstein stated that he was still interested in combining TWC's film library with Miramax's, after the acquisition of Miramax by beIN.{{cite news|last=Kilday|first=Gregg|title=Harvey Weinstein Explains Recent Movie Release Shifts, TV Growth and Oscar Prospects (Q&A)|url=https://www.hollywoodreporter.com/news/harvey-weinstein-explains-movie-release-913142|access-date=August 23, 2016|work=The Hollywood Reporter|date=July 21, 2016}}
After Miramax's founder Harvey Weinstein was accused of sexual assault in October 2017, Miramax became one of 60 parties bidding on TWC on January 16, 2018.{{cite web|url=https://variety.com/2018/biz/news/miramax-weinstein-harvey-bein-capital-1202665809/|title=Miramax Parent Company Enters Fray for Weinstein Co.|first=Cynthia|last=Littleton|date=January 16, 2018}} On April 27, Miramax and Lantern Capital emerged as the strongest contenders to acquire TWC's assets. Ultimately, it was Lantern that acquired TWC's library.{{cite web|url=https://variety.com/2018/biz/news/miramax-weinstein-bankruptcy-uncertain-lantern-1202790819/|title=Miramax Emerges As Strong Contender in Weinstein Co. Bankruptcy Sale|first=Gene|last=Maddaus|date=April 27, 2018}}
On June 7, 2019, beIN began the process of selling approximately 50% of Miramax in an effort to offer it for growth.{{Cite web|url=https://variety.com/2019/film/news/qatar-bein-media-group-sell-miramax-stake-1203235794/|title=Qatar's beIN Media Group Seeking to Sell 50% Miramax Stake (Report)|first=Nick|last=Vivarelli|date=June 7, 2019}} Lionsgate (which distributed Miramax's titles on home video), Spyglass Media Group (owners of the Weinstein Company library, inherited via their deal with Lantern) and Viacom (Paramount's parent company who re-merged with CBS Corporation on December 4, 2019, to form ViacomCBS) were seen as the leading contenders to acquire a stake in the company.{{Cite news|url=https://www.wsj.com/articles/lions-gate-spyglass-media-viacom-are-leading-contenders-to-buy-stake-in-miramax-11564698787|title=Lions Gate, Spyglass Media, Viacom Are Leading Contenders to Buy Stake in Miramax|first=Benjamin Mullin and Erich|last=Schwartzel|newspaper=The Wall Street Journal|date=August 2019|url-access=subscription}} By August 19, 2019, Lionsgate and Viacom were the only contenders, as Spyglass Media Group dropped out of contention.{{Cite web|url=https://www.bloomberg.com/news/articles/2019-08-19/viacom-and-lions-gate-go-head-to-head-in-fight-for-miramax-stake|last=Sakoui|first=Anoshua|title=Viacom and Lions Gate Go Head-to-Head in Fight for Miramax Stake|publisher=Bloomberg L.P.|date=August 19, 2019|url-access=subscription}} On September 11, 2019, it was announced Lionsgate had dropped their bid, making Viacom the only bidder for the stake in Miramax.{{Cite web|url=https://deadline.com/2019/09/miramax-library-viacom-takes-lead-lionsgate-withdraws-bid-1202732006/|last=D'Alessandro|first=Anthony|title=Viacom in the Lead For Miramax Library, Lionsgate Withdraws Bid|work=Deadline|date=September 11, 2019}} On November 8, 2019, Viacom exited the negotiations to acquire them.{{Cite web|url=https://www.hollywoodreporter.com/news/viacom-bows-bidding-miramax-1251387|title=Viacom Bows Out of Bidding for Miramax Library |last1=Hayden|first1=Erik|last2=Bond|first2=Paul|work=The Hollywood Reporter|date=November 8, 2019}} After merging with CBS Corporation to become ViacomCBS, the combined firm resumed talks with Miramax.{{Cite web|url=https://variety.com/2019/film/news/viacomcbs-paramount-resume-talks-to-buy-stake-in-miramax-exclusive-1203431208/|title=ViacomCBS and Paramount Resume Talks to Buy Stake in Miramax (EXCLUSIVE)|last=Lang|first=Brent|date=December 10, 2019|website=Variety|language=en|access-date=December 10, 2019}}
=ViacomCBS/Paramount Global era (2019–present)=
On December 20, 2019, ViacomCBS (now known as Paramount Global) announced it would acquire a 49% stake in Miramax for at least $375 million, with Paramount Pictures gaining exclusive worldwide distribution rights to its film and television library. Paramount Pictures and Miramax will also co-produce new content based on titles from the library.{{Cite web|url=https://variety.com/2019/biz/news/viacomcbs-miramax-acquisition-bein-media-1203449765/|title=ViacomCBS Sets $375 Million Deal for 49% Stake in Miramax|last=Littleton|first=Cynthia|work=Variety|date= December 20, 2019|access-date=December 21, 2019}} The deal officially closed on April 3, 2020.{{Cite web|url=https://deadline.com/2020/04/viacomcbs-deal-stake-miramax-closes-1202899997/|title=ViacomCBS Closes Purchase Of Stake In Miramax, With Distribution And First Look Deals|last=Goldsmith|first=Jill|date=April 3, 2020|website=Deadline|language=en|access-date=April 3, 2020}}
On June 24, 2020, Miramax and ViacomCBS announced their first co-production, The Turkish Detective, a television series based on the Cetin Ikmen novels by Barbara Nadel.{{Cite news|title=ViacomCBS International Studios Partners With Miramax On 'The Turkish Detective'|url=https://deadline.com/2020/06/viacomcbs-international-studios-partners-miramax-the-turkish-detective-1202967477/|last=Kenter|first=Jake|date=June 24, 2020|access-date=June 24, 2020|work=Deadline}}
On October 2, 2023, it was announced that CEO Bill Block would be leaving the company that week following the end of his contract with them, starting his own production company, BlockFilm, later that month.{{cite web |url= https://deadline.com/2023/10/miramax-ceo-bill-block-exits-1235561838/|title= Shocker! Shakeup At Miramax As CEO Bill Block Exits|date= October 2, 2023|access-date= October 2, 2023|first1= Mike Jr.|last1= Fleming|first2= Nellie|last2= Andreeva}}{{cite web|title=Jason Statham To Star In David Ayer-Directed Sylvester Stallone Script 'Levon's Trade' From Black Bear & Bill Block's BlockFilm — AFM Hot Package|website=Deadline Hollywood|first=Andreas|last=Wiseman|date=27 October 2023|access-date=28 October 2023|url=https://deadline.com/2023/10/jason-statham-david-ayer-sylvester-stallone-levons-trade-black-bear-bill-block-afm-1235585741/}} In January 2024, Jonathan Glickman was reported to be in talks to join Miramax as CEO, with his company Panoramic Media expected to be acquired by Miramax if talks were successful.{{cite web|title=Jonathan Glickman in Talks to Lead Miramax as CEO|website=The Hollywood Reporter|first1=Kim|last1=Masters|first2=Aaron|last2=Couch|date=28 January 2024|access-date=7 March 2024|url=https://www.hollywoodreporter.com/movies/movie-news/jonathan-glickman-miramax-ceo-1235809126/}} On April 2, 2024, Glickman was officially named Miramax's new CEO effective immediately. As part of the deal, Miramax also acquired certain film and television projects from Glickman's company Panoramic Media.{{cite web|title=Miramax Names Jonathan Glickman CEO|website=Deadline Hollywood|first=Anthony|last=D'Alessandro|date=2 April 2024|access-date=2 April 2024|url=https://deadline.com/2024/04/miramax-jonathan-glickman-1235874073/}}
Divisions
=Miramax Family & Animation=
{{Infobox company
| name = Miramax Family & Animation
| logo = Miramax Family Logo.png
| type = Division
| industry = Animation
Motion pictures
| founded = {{start date and age|1993|9|2}} (original)
{{start date and age|2019|3|18}} (revival)
| defunct = {{end date and age|2006}} (original)
| parent = Miramax
}}
Miramax Family Films was the family division of Miramax Films, founded on September 2, 1993.{{Cite news|last1=Eller|first1=Claudia|title=Is Miramax Going the Disney Route? Well, Yes and No – Movies: Company known for feisty adult films opens a family division. Indie will use marketing expertise of its parent company|url=https://proquest.com/docview/282127366|access-date=January 6, 2025|work=Los Angeles Times|date=September 2, 1993|page=1|url-access=registration|via=ProQuest}} The label was quietly discontinued in 2006. On March 18, 2019, Miramax revived its family and animation divisions, with both being founded as separate divisions within the company.
Michael Lachance, who had previously developed projects at DreamWorks Animation and Sony Pictures Animation, was named the division's executive vice president.{{Cite web|url=https://deadline.com/2019/03/miramax-hires-michael-lachance-evp-family-and-animation-division-1202577788/|title=Miramax Hires Sony Animation Alum Michael Lachance As EVP Of New Family & Animation Unit|first1=Erik|last1=Pedersen|date=March 18, 2019}}
Filmography
{{Main|List of Miramax films}}
=Film series=
class="wikitable sortable" | ||
Title
! Release date ! Notes | ||
---|---|---|
Hellraiser | 1992–2005 | based on the novella The Hellbound Heart by Clive Barker; distribution under Dimension Films label |
Children of the Corn | 1993–2001 | based on the short story of the same name by Stephen King; distribution under Dimension Films label |
Three Colours | 1993–1994 | United States distribution only |
The Crow | 1994–2005 | distribution under Dimension Films label |
View Askewniverse | 1994–2001; 2019 | 2001: distribution under Dimension Films label 2019: co-production |
Best of the Best | 1995–1998 | distribution under Dimension Films label |
The Prophecy | 1995–2005 | distribution under Dimension Films label |
Halloween | 1995–2002; 2018–present | 1995–2002: distribution under Dimension Films label 2018–present: co-production |
From Dusk till Dawn | 1996–2000 | distribution under Dimension Films label |
Police Story | 1996–1999 | United States distribution only under Dimension Films label |
Jungledyret Hugo (the first two movies: Go Hugo Go (1993) and Hugo the Movie Star (1996) | 1998 (produced) 2005 (released) | United States distribution only |
Scream | 1996–2000 | 1996–2000: distribution under Dimension Films label |
Operation Condor | 1997 | distribution under Dimension Films label |
Mimic | 1997–2003 | distribution under Dimension Films label |
Bounty Hunters | 1997–2001 | United States distribution only under Dimension Films label |
Air Bud | 1998–2003 | United States distribution only under Dimension Films label; marketed under the Disney banner{{efn|When Disney purchased Air Bud for an estimated $6 million for domestic rights and rights to sequels, the rights were through then-subsidiary Miramax Films; however, sometime during development, the first installment was moved to the Walt Disney Pictures label when it released in 1997,{{cite news|url=https://variety.com/1997/scene/vpage/keystone-cops-pic-1117343095/|title =KEYSTONE COPS PIC |work=Variety|access-date=September 16, 2021}} and the rights to all were retained by Disney following its sale of Miramax in 2010.{{cite web|url=https://tvline.com/news/where-to-watch-air-bud-movie-online-streaming-disney-plus-1235051316/|title=The Air Bud Movies Are Coming to Disney+ — Whether John Oliver Likes It or Not|first=Ryan|last=Schwartz|work=TVLine|date=September 29, 2023|accessdate=September 29, 2023}}}} |
She's All That | 1999; 2021 | |
Asterix and Obelix | 1999–2002 | based on the comic book series of the same name by René Goscinny and Albert Uderzo; Italy distribution only |
Scary Movie | 2000–2006; 2026 | 2000–2006: distribution under Dimension Films label; 2025: distribution under Paramount Pictures |
Dracula | 2000–2005 | distribution under Dimension Films label |
Spy Kids | 2001–2003 | distribution under Dimension Films label |
Bridget Jones | 2001–2025 | based on the novel series of the same name by Helen Fielding 2001: United States distribution only 2004, 2016 & 2025: co-production |
Iron Monkey | 2001–2002 | |
Pokémon the Movie | 2001–2004 | based on the multimedia franchise of the same name by The Pokémon Company; United States distribution only |
Bionicle | 2003–2005 | based on the toyline of the same name by The Lego Group |
Kill Bill | 2003–2004 | |
Bad Santa | 2003–2016 | 2003: United States distribution only under Dimension Films label 2016: co-production |
Sin City (also known as Frank Miller's Sin City) | 2005–2014 | based on the comic book series of the same name by Frank Miller 2005: distribution under Dimension Films label 2014: co-production |
Highest-Grossing Films
class="wikitable sortable"
|+ !Rank !Title !Year !Worldwide Gross |
1
|2002 |$306,776,732 |
2
|1998 |$289,317,794 |
3
|2001 |$281,929,795 |
4
|Bridget Jones: The Edge of Reason |2004 |$265,126,918 |
5
|2018 |$259,939,869 |
6
|1996 |$231,976,425 |
7
|1997 |$230,099,013 |
8
|1997 |$225,933,435 |
9
|1994 |$213,928,762 |
10
|2004 |$213,719,942 |
11
|2016 |$211,952,420 |
12
|Master and Commander: The Far Side of the World |2003 |$211,622,535 |
13
|2001 |$210,002,906 |
14
|2002 |$193,772,504 |
15
|2003 |$180,899,045 |
16
|2006 |$178,262,620 |
17
|Hero |2002 |$177,395,557 |
18
|2001 |$175,055,109 |
19
|2003 |$173,013,509 |
20
|2007 |$171,632,777 |
21
|1997 |$170,323,393 |
22
|2004 |$170,128,460 |
23
|2004 |$154,118,514 |
24
|2024 |$152,720,535 |
25
|2000 |$152,700,626 |
Films and TV shows distributed by Miramax Family are listed here:
- Freddie as F.R.O.7 (1992)
- Into the West (1993)
- Tom and Jerry: The Movie (1993) (US theatrical distribution only; home media distributed by Warner Bros. Discovery Home Entertainment)
- Go Hugo Go (1993)
- Little Buddha (1994)
- The Thief and the Cobbler (1995) (originally released in cinemas as Arabian Knight)
- Gordy (1995)
- The NeverEnding Story III: Escape from Fantasia (1996) (US release only; distributed internationally by Warner Bros. Family Entertainment)
- Hugo the Movie Star (1996)
- Microcosmos (1996)
- How the Toys Saved Christmas (1997)
- The Phoenix and the Carpet (1997)
- The Animal Train (1998)
- Wide Awake (1998)
- The Mighty (1998)
- The Bear (1998)
- Children of Heaven (1999)
- Flipper and Lopaka (1999–2005)
- Princess Mononoke (2000) (North American distribution only)
- Asterix & Obelix Take On Caesar (2000)
- Clerks Uncensored (2001)
- Pokémon 4Ever (2001)
- On the Line (2001)
- The Adventures of Tom Thumb and Thumbelina (2002)
- Asterix & Obelix: Mission Cleopatra (2002)
- Beyblade: Fierce Battle (2002)
- Pokémon Heroes (2002)
- The Best of Tokyo Pig (2002)
- Pinocchio (2002)
- Warriors of Virtue: The Return to Tao (2002)
- A Wrinkle in Time (2003)
- Bionicle: The Movie – Mask of Light (2003)
- Pokémon: Jirachi—Wish Maker (2003)
- MXP: Most Extreme Primate (2003)
- Shaolin Soccer (2004)
- Ella Enchanted (2004)
- Chestnut: Hero of Central Park (2004) (DVD only)
- Pokémon: Destiny Deoxys (2004)
- Bionicle 2: Legends of Metru Nui (2004)
- Finding Neverland (2004)
- In Search of Santa (2004)
- Paul McCartney: Music & Animation (2004)
- Bionicle 3: Web of Shadows (2005)
- My Scene Goes Hollywood: The Movie (2005)
- Spymate (2006)
Miramax Television
{{Infobox company
| name = Miramax Television
| logo = Miramax.svg
| type = Division
| industry = Television production
| founded = {{Start date and age|1987}}
| hq_location_city = Los Angeles, California
| hq_location_country = U.S.
| key_people = Marc Helwig (EVP)
| owner = Independent (1987–1993)
The Walt Disney Company (1993–2010)
Filmyard Holdings (2010–2016)
beIN Media Group (2016–present)
Paramount Global (2020–present)
| parent = Miramax
}}
Miramax Television is the television production division founded in 1987, assigned to producing television shows based on the existing Miramax film library and original concepts. Although Miramax produced its series as early as 1987, Miramax expanded its foray into game shows with an attempted version of What's My Line? in 1996,{{Cite web |last=Roman |first=Monica |date=1997-01-09 |title=Arthouse, haunted house buoy Miramax |url=https://variety.com/1997/scene/vpage/arthouse-haunted-house-buoy-miramax-1117434179/ |access-date=2024-10-08 |website=Variety |language=en-US}} followed by a proper television division in 1998.{{Cite web |last=Cox |first=Dan |date=1998-05-17 |title=Miramax tube stop |url=https://variety.com/1998/more/news/miramax-tube-stop-1117470931/ |access-date=2024-10-08 |website=Variety |language=en-US}}{{Cite web |last=Hontz |first=Jenny |date=1998-08-05 |title=Ex-CBS exec Campbell tops Miramax TV |url=https://variety.com/1998/tv/news/ex-cbs-exec-campbell-tops-miramax-tv-1117479139/ |access-date=2024-10-08 |website=Variety |language=en-US}} In 2001, Mort Marcus became chairman of the company, only to leave in 2002 to reestablish Debmar Studios.{{Cite web |last=Dempsey |first=John |date=2001-01-23 |title=Miramax aims to turn on TV |url=https://variety.com/2001/tv/markets-festivals/miramax-aims-to-turn-on-tv-1117792465/ |access-date=2024-10-08 |website=Variety |language=en-US}}{{Cite web |last=Oppelaar |first=Justin |date=2002-11-14 |title=Osher heads Miramax TV |url=https://variety.com/2002/scene/markets-festivals/osher-heads-miramax-tv-1117876013/ |access-date=2024-10-08 |website=Variety |language=en-US}}
=Filmography=
Notes
{{notelist}}
References
{{Reflist|colwidth=30em}}
Further reading
- Down and Dirty Pictures: Miramax, Sundance, and the Rise of Independent Film by Peter Biskind (Simon & Schuster, 2004)
External links
{{Commons category}}
- {{Official website|https://www.miramax.com/}}
{{Harvey Weinstein}}
{{BeIN Media Group}}
{{Paramount Global}}
{{Film Studio}}
{{Authority control}}
Category:American companies established in 1979
Category:Film distributors of the United States
Category:Film production companies of the United States
Category:Television production companies of the United States
Category:Entertainment companies based in California
Category:Companies based in Los Angeles
Category:Mass media companies established in 1979
Category:1979 establishments in New York (state)
Category:Former subsidiaries of The Walt Disney Company
Category:Paramount Global subsidiaries
Category:American independent film studios
Category:1993 mergers and acquisitions
Category:2010 mergers and acquisitions
Category:2016 mergers and acquisitions