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Monday, Jul 4, 2022

Miramax Is Setting Table for Deals

Google is in talks with Filmyard Holdings, the soon-to-be owners of famed film studio Miramax, about a potential deal to gain digital rights to Miramax’s archives, according to people close to the situation.

What’s more, Walt Disney Co. is close to completing the sale of Miramax to Filmyard, run by Hollywood entrepreneur Ron Tutor and construction magnate Tom Barrack, whose private equity firm, Colony Capital, is funding part of the $664 million purchase.

The sale, which includes the rights in more than 700 films such as “Kill Bill,” “Pulp Fiction,” and “No Country For Old Men,” as well as the Miramax name, is expected to close by Dec. 10. Sources said Google is eyeing the film rights to bolster its efforts to turn YouTube into a Web destination for longer form content, although Google may have to do battle with Netflix, which has also shown an interest in Miramax’s film library.

&#8226CLICK HERE to read the New York Post story.

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