Can Miramax Survive?

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At Creative Artists Agency’s recent corporate retreat in Ojai, Walt Disney Co. Chief Executive Bob Iger was invited to expound on the future of the entertainment business and field questions about the media giant.

He talked about Disney’s decision to make fewer movies. He talked about the acquisition of Pixar Animation, producer of the soon-to-be-released “Up.” He talked about the studio’s new deal to distribute films from director Steven Spielberg’s DreamWorks SKG.

Iger wasn’t asked about one segment of Disney’s business — Miramax Films, the specialty label that no longer appears to fit into the company’s strategy to focus on family and big-event pictures. In the wake of Disney’s rival media companies retrenching from their smaller film labels, many in the independent movie business fear that a similar fate awaits Miramax, one of only three such operations still in existence.


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