{"id":1366,"date":"2012-04-25T11:34:00","date_gmt":"2012-04-25T15:34:00","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=1366"},"modified":"2013-04-14T13:49:13","modified_gmt":"2013-04-14T17:49:13","slug":"miramax-2","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2012\/04\/25\/miramax-2\/","title":{"rendered":"Miramax"},"content":{"rendered":"

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Miramax<\/a>\u00a0is one of the most prestigious entertainment companies in the world. The company has over 700 motion pictures that are award winning. Collectively, the library has received 284\u00a0Academy Award<\/a>\u00a0nominations and 68 Oscars, including four Best Picture Awards.<\/p>\n

History<\/strong><\/p>\n

Brothers Harvey and Bob Weinstein in Buffalo, New York founded Miramax<\/a> in 1979. The name of the company was formed using the first names of their parents Max and Miriam. Miramax<\/a> was originally created to distribute independent films categorized as commercially unworkable by the big studios. The company’s first obtained success when the Weinstein brothers partnered with British producer Martin Lewis<\/a> and acquired the U.S. rights to two concert films he had produced. The shows were produced to benefit Amnesty International, a human rights organization. In 1993, the Walt Disney Company<\/a> purchased Miramax<\/a> for $60 million dollars. On December 3, 2010 Disney sold Miramax to Filmyard Holdings<\/a>\u00a0which is owned by\u00a0Colony Capital<\/a>,\u00a0for $663 million dollars. The company has since stood on its own as an entertainment production company.<\/p>\n

Recent January 2012-Present\u00a0<\/strong><\/p>\n

The co-owner of Miramax,\u00a0Colony Capital<\/a>, failed to acquire Summit Entertainment<\/a>. Colony Capital planned to merge it with Miramax, to create a studio with 700 classic specialty titles in its library that would include the Twilight<\/em><\/a> franchise, a foreign sales operation and the ability to produce and distribute its own pictures.<\/p>\n

Miramax \u00a0CEO Mike Lang Explains His Focus on Digital Marketing<\/a><\/p>\n