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Miramax
Miramax, LLC, formerly known as Miramax Films, is an American independent film and television production and distribution company owned by beIN Media Group and Paramount Skydance Corporation. Based in Los Angeles, California, it was founded on December 19, 1979, by brothers Harvey and Bob Weinstein.
Miramax was a leading producer and distributor of independent films until it was acquired by The Walt Disney Company on June 30, 1993. In 2010, Disney sold Miramax to Filmyard Holdings, a joint venture of Colony NorthStar, Tutor-Saliba Corporation and Qatar Investment Authority. In March 2016, Miramax was sold to Qatar-based beIN Media Group, which later sold a 49% stake to Paramount Skydance Corporation (previously known as ViacomCBS and Paramount Global) on April 3, 2020.
Miramax was founded as initially Miramax Films by the Weinstein brothers, Harvey and Bob along with executive Corky Burger in Buffalo, New York, in 1979, and was named by combining the first names of their parents, Miriam and Max. It was created to distribute independent films deemed commercially unfeasible by the major studios.
The company's first major success came when the Weinsteins teamed up with British producer Martin Lewis and acquired the U.S. rights to two concert films Lewis had produced of benefit shows for human rights organization Amnesty International. The Weinsteins worked with Lewis to distill the two films into one film for the American marketplace. The resulting film, the American version of The Secret Policeman's Other Ball, was a successful release for Miramax in the summer of 1982. This release presaged a modus operandi that the company would undertake later in the 1980s of acquiring films from international filmmakers and reworking them to suit American sensibilities and audiences. In its early years, Miramax Films had to focus primarily as a catalyst for music and decided to do a licensing agreement with Thorn EMI Video to release several of Miramax's early films.
Among the company's other breakthrough films as distributors in the late 1980s and early 1990s were Pulp Fiction, Scandal, Sex, Lies, and Videotape, Tie Me Up! Tie Me Down!, The Crying Game, and Clerks. The company also made films such as Flirting with Disaster, Heavenly Creatures, and Shakespeare in Love.
Miramax Films acquired and/or produced many other films that did well financially. The company became one of the leaders of the independent film boom of the 1990s. Miramax Films produced or distributed seven films with box office grosses totaling more than $100 million; its highest grossing title, Chicago, earned more than $300 million worldwide.
The company was also successful in securing Academy Award nominations for its releases, many of which resulted in Oscar wins.
Miramax expanded its empire when the company launched two new labels Millimeter Films in 1988 by Bob Weinstein for genre films, and arthouse label Prestige Films in 1990, run by Mark Lipsky, later replaced by Gerry Rich, and the latter was folded into Miramax Films, and the former was renamed to Dimension Films.
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Miramax
Miramax, LLC, formerly known as Miramax Films, is an American independent film and television production and distribution company owned by beIN Media Group and Paramount Skydance Corporation. Based in Los Angeles, California, it was founded on December 19, 1979, by brothers Harvey and Bob Weinstein.
Miramax was a leading producer and distributor of independent films until it was acquired by The Walt Disney Company on June 30, 1993. In 2010, Disney sold Miramax to Filmyard Holdings, a joint venture of Colony NorthStar, Tutor-Saliba Corporation and Qatar Investment Authority. In March 2016, Miramax was sold to Qatar-based beIN Media Group, which later sold a 49% stake to Paramount Skydance Corporation (previously known as ViacomCBS and Paramount Global) on April 3, 2020.
Miramax was founded as initially Miramax Films by the Weinstein brothers, Harvey and Bob along with executive Corky Burger in Buffalo, New York, in 1979, and was named by combining the first names of their parents, Miriam and Max. It was created to distribute independent films deemed commercially unfeasible by the major studios.
The company's first major success came when the Weinsteins teamed up with British producer Martin Lewis and acquired the U.S. rights to two concert films Lewis had produced of benefit shows for human rights organization Amnesty International. The Weinsteins worked with Lewis to distill the two films into one film for the American marketplace. The resulting film, the American version of The Secret Policeman's Other Ball, was a successful release for Miramax in the summer of 1982. This release presaged a modus operandi that the company would undertake later in the 1980s of acquiring films from international filmmakers and reworking them to suit American sensibilities and audiences. In its early years, Miramax Films had to focus primarily as a catalyst for music and decided to do a licensing agreement with Thorn EMI Video to release several of Miramax's early films.
Among the company's other breakthrough films as distributors in the late 1980s and early 1990s were Pulp Fiction, Scandal, Sex, Lies, and Videotape, Tie Me Up! Tie Me Down!, The Crying Game, and Clerks. The company also made films such as Flirting with Disaster, Heavenly Creatures, and Shakespeare in Love.
Miramax Films acquired and/or produced many other films that did well financially. The company became one of the leaders of the independent film boom of the 1990s. Miramax Films produced or distributed seven films with box office grosses totaling more than $100 million; its highest grossing title, Chicago, earned more than $300 million worldwide.
The company was also successful in securing Academy Award nominations for its releases, many of which resulted in Oscar wins.
Miramax expanded its empire when the company launched two new labels Millimeter Films in 1988 by Bob Weinstein for genre films, and arthouse label Prestige Films in 1990, run by Mark Lipsky, later replaced by Gerry Rich, and the latter was folded into Miramax Films, and the former was renamed to Dimension Films.