Disney Selling Miramax: Lions Gate, Weinstein Potential Buyers
Monday, February 8, 2010 8:06PM - By Anet Hovhanesian
Walt Disney has just put Miramax up for sale allegedly because its library of mostly small, independent films does not mesh with the media giant’s plan to overhaul its movie operations. Even though they no longer want the smaller company, they’re not willing to part with it for cheap! Disney is asking between $650 million to $800 million for Miramax. Only big shot contenders who haven’t been crushed by the recession stand a chance at purchasing Disney’s independent film division.