Weinsteins to buy back Miramax?
It looks like Disney’s really starting to cut back on their new film production.
Potential buyers of Walt Disney Co.’s (DIS) Miramax film unit include Lions Gate Entertainment Corp. (LGF) and the Weinstein brothers, Reuters reported Monday on its Web site, citing unnamed sources familiar with the situation said.
Independent studio Summit Entertainment might also be interested in Miramax, the sources said on condition of anonymity, according to the new agency.
A Lions Gate spokesman was unavailable for comment, and Disney and Summit declined comment, the report said.
The Weinstein Co. confirmed its interest in Miramax, the report said. “We are keen to look at the company and we will see what happens in coming weeks,” it quoted David Glasser, operations executive for the independent Weinstein Co., as saying.
