Disney, Weinsteins may part ways

MUMBAI: A film partnership that lasted a decade and brought lots of Oscar awards may be coming to an end. Disney is said to be looking to end its current deal with Miramax Films founders Bob and Harvey Weinstein.

Disney must give the Weinsteins at least six months notice if it does not plan to renew its deal with the filmmaking brothers who are credited with revolutionizing the independent filmmaking world. Reports state that with the pact set to expire on 30 September 2005, a resolution must be reached by March at the latest.

Disney CEO Michael Eisner has categorically asserted that Miramax would remain with Disney even if the Weinsteins exited. Disney will also retain rights to the valuable Miramax library and to any films produced during the current agreement. If the Weinsteins do leave this would be the second blow for Disney following the end of the contract with animation house Pixar.

Miramax was bought by Disney in 1993 for $80 million. The Weinsteins are likely to seek financing to start a new motion picture venture. Trade publication Variety had reported that Disney was not interested in renewing the terms of the Weinstein's existing employment agreement. .

There was friction between the Weinstein's and Disney over Kill Bill. Eisner had felt that Miramax pushed the envelope too far with Quentin Tarantino's epic. Worse earlier this year Disney had blocked Miramax from distributing Michael Moore's Bush-bashing documentary Fahrenheit 9/11. As a result the Weinsteins to personally buy the film rights and seek an independent distributor. The film releases in India today 15 October.

Another report has suggested that the Weinsteins could partner with Paramount which is struggling for hits. Paramount had partnered with Miramax on The Hours which won Nicole Kidman an Oscar.

This year Miramax is pinning its Oscar hopes on Martin Scorcese's upcoming The Aviator in which Leonardo DiCaprio plays eccentric billionaire Howard Hughes.

Latest Reads
A+E Networks | TV18 launches FYI TV18 HD

AETN18, the joint venture between A+E Networks and Network18 has planned to launch the high definition (HD) version of the contemporary lifestyle entertainment channel—FYITV18 on 18 October 2018.

Television TV Channels Specialised and Niche
Tata Communication, European Tour show how VR can transform golf

The European Tour and Tata Communications have completed the world’s first test of live 360° video in 8K Ultra High Definition – the highest resolution in digital television on 16 October 2018.

Television TV Channels Sports
Kids most benefited genre in Chrome DM week 41

MUMBAI: With a growth of 0.72 per cent as compared to last week (40), the kids genre marked the highest opportunity to see (OTS) among all categories in week 41 of Chrome Data Analytics & Media. In the kids genre, Nickelodeon gained the highest OTS with 91 per cent in All India 1 Lakh+ market....

Television TV Channels Viewership
Prepare for three months of fireworks as COLORS SUPER premieres Bigg Boss Kannada – Season 6

Television viewing has never been the same, since the introduction of reality programming kingpin

Television TV Channels Regional
Star Bharat brings Kaal Bhairav Rahasya 2 with a new mystery

India has had age old history associated with myths legends folklore and one of the biggest myth has been that of the curses.

Television TV Channels GECs
Industry Honchos Uday Kotak, Rajnish Kumar and Kalpana Morparia come together to identify the winners of IBLA 2019

CNBC-TV18’s most-awaited marquee property, The India Business Leaders Awards will be conducting a jury meet along with an informative and insightful panel discussion on Today at Trident BKC, Mumbai, 2:30 pm.

Television TV Channels News Broadcasting
News18 India Unveils Two New Shows- “Ye Desh Hai Humara” and “Akhada”

Ahead of the upcoming assembly elections in 5 states including MP & Rajasthan and general elections next year

Television TV Channels News Broadcasting
Zee Telugu Announces World Television Premiere of Allu Arjun starrer Naa Peru Surya

Filling this weekend with patriotism, action and drama, Zee Telugu is here with a world television premiere movie of a young man discovering himself while finding the right balance between serving his country and overcoming the hurdles thrown at him due to the power struggles in place.

Television TV Channels Regional
BTVI endeavors to increase financial literacy across India through Money Mantra

Business Television India (BTVI), India’s Premier English Business News Channel, introduces a multicity initiative - Money Mantra which is an effort to expand the financial awareness and literacy by bringing together, personal financial experts and mutual fund experts close to the common man and...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories