Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group led by construction magnate Ron Tutor for about $660 million, ending a 17-year association with the studio and a six-month bidding process.
Miramax’s Oscar-laden film library has more than 700 titles, including prestigious films such as “My Left Foot” (1989), “Pulp Fiction” (1994) and “Good Will Hunting” (1997).
But Disney had been looking to sell Miramax amid a studio overhaul because it no longer resonated with its other family centric studio units such as Pixar and Marvel.
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