miramax

Disney Sells Miramax for $660 Million to Private Investors

Disney will reportedly sell storied arthouse-film studio Miramax for $660 million to a consortium of private investors, many of whom are big LA real estate players. This brings the curtain down on founders Bob and Harvey Weinstein's attempts to buy the studio back from Disney.

Disney Demands $40 Million Deposit on Miramax Sale

Walt Disney is calling on its Miramax suitor to pay up a nonrefundable $40 million deposit towards its purchase of the movie studio. A consortium of buyers led by California construction mogul Ron Tutor is currently conducting due diligence on the $675 million deal.

New Twist in Miramax Sale: Rob Lowe Wants In

Just when the saga of Disney's (DIS) attempt to sell financially troubled production company Miramax seemed to be settled, a new twist has added an unlikely suitor into the wings: actor Rob Lowe.