| Type | Private Holding company |
|---|---|
| Industry | Media |
| Founded | 2010 |
| Products | Movies |
| Owner(s) | Qatar Holding LLC, Thomas J. Barrack, Jr., Colony Capital, LLC, Ronald Tutor [1] |
On December 3, 2010, Filmyard Holdings, LLC purchased film and television studio Miramax from The Walt Disney Company for approximately US $600 million.[2] Investors put in $200 million in capital while raising $400 million in liabilities through Barclays PLC led group of banks.[3] [2] Partners in Filmyard Holdings include Thomas J. Barrack, Jr., Colony Capital, LLC, Ronald Tutor and Qatar Holding LLC. The sale included more than 700 film titles[3][3]. Mike Lang, former business development executive at News Corporation, was named the CEO of Miramax,[2] in late 2010. Mr. Lang stepped down from his position on March 16, 2012 and was succeeded by Miramax CFO Steve Schoch, who will serve as interim CEO until a permanent successor can be found.[4]
Miramax sells directly and licenses its titles globally through strategic partnerships that include Lionsgate, Netflix, Facebook, Hulu, [[StudioCanal], Alliance Films, BT Vision, and UKTV]. The company had three new releases in 2011: The Debt, starring Helen Mirren, Jessica Chastain and Sam Worthington; the Guillermo del Toro-produced Don't Be Afraid of the Dark, starring Katie Holmes and Guy Pearce; and Last Night, starring Keira Knightley and Sam Worthington.
The Miramax library holds some of the world's most original and acclaimed independent films, including Pulp Fiction, Shakespeare in Love, Chicago, Good Will Hunting, The English Patient, No Country for Old Men, Kill Bill Volumes I and II, Life is Beautiful, Reservoir Dogs, Sex, Lies and Videotape, Cinema Paradiso and My Left Foot -- as well as scores of commercially successful films such as Bridget Jones's Diary, Bad Santa, and the Scream, Hellraiser, Scary Movie and Spy Kids franchises. Collectively, the Miramax library has received 284 Academy Award nominations and 68 Oscars, including four Best Picture Awards.
See also [link]
References [link]
- ^ SEC Form D. Filed 2010-12-16.
- ^ a b c Ryan Nakashima (December 5, 2010). "Disney completes $663M sale of Miramax". Associated Press via Yahoo News. https://finance.yahoo.com/news/Disney-completes-663M-sale-of-apf-1909918456.html?x=0.
- ^ a b c Alex Ben Block (12/3/2010). "Disney's Sale of Miramax Completed". Hollywood Reporter. https://www.hollywoodreporter.com/news/disneys-sale-miramax-completed-56086.
- ^ https://www.deadline.com/2012/03/miramax-ceo-mike-lang-steps-down/
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