Walt Disney Co., the world’s biggest media company, closed its Miramax offices and made plans to distribute the six remaining pictures from the film studio founded by brothers Harvey and Bob Weinstein.
Mark Cuban, the billionaire owner of the NBA’s Dallas Mavericks, may try to stop Harvey and Bob Weinstein from joining a buyout of Miramax films in a dispute over the performance of the “The Road,” a Weinstein movie.
Walt Disney Co. is near an agreement to sell its Miramax film unit in a deal that would put brothers Bob and Harvey Weinstein back in charge of the studio they founded, said a person with knowledge of the plan.
Construction executive Ronald Tutor is in discussions to buy Walt Disney Co. ’s Miramax film label, with backing from private equity firm Colony Capital, according to two people with knowledge of the talks.
Colony Capital LLC, owner of the Miramax film library, is in talks to acquire a stake in Summit Entertainment LLC, maker of the “Twilight” vampire movies, two people with knowledge of the situation said.