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Disney Strips Miramax Films and Tries to Sell the Remains

Posted by Ashley McChesney on Mon, Feb 01, 2010 @ 09:15 AM

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Last week Disney shut down Miramax Film offices and sent most employees packing, folding the 20 or so remaining people back into the Walt Disney Studios. Now Disney plans to sell what is left of the production company.

The New York Times reports there are about 10 interested in buying Miramax. One of the most surprising names to show up on this list of potential buyers is Summit Entertainment who's largest success was the Twilight saga. The price tag starts at about $700 million and the sale would include the Miramax name and a 700-film library - Kill Bill, The English Patient, Pulp Fiction, and Chicago to name a few.

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Tags: Disney Movies

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