Okay, for “home,” read “resting place.” Scrap those sweet-but-always-unlikely reports that the high-end company would be returning to the warm embrace of its parents, the finally outbiddenBrothers Weinstein. The story has a less sentimental ending, but an ending nonetheless — Disney has sold Miramax to one Filmyard Holdings Llc, run by non-film businessmen Ronald Tutor and Tom Barrack.
The price? A cool $660 million.
Though details are few, The Hollywood Reporter states that Filmyard plans to launch a new production company that will both cover the Miramax library (consisting of 700+ titles) and make the occasional new feature. The Miramax you know, in other words, is history, reduced to a name-only warehouse of sorts. But you saw that coming. You can read the business-y nuts and bolts of the deal here, if you so wish; I’ll leave you with Disney chief Robert Iger’s parting shot…