It’s always a tricky business to declare the death of any company before all the deals are really done, but if it’s final enough for Anne Thompson, I’m loathe to disagree that the studio founded by Harvey and Bob Weinstein and named after their parents, Mira and Max, is winding up on a financial ash-heap.
The Weinsteins are not just any producers and Miramax was not just any company. For good and for ill — not all their movies were great by any means, a few I even hated (don’t get me started on “Chocolate”) — they were and are throwbacks to the moguls of the past. They make decisions in a mercurial, seat of the pants way that always seems to generally produce better material than the cool logic of an MBA, which may be safer but rarely produces the kind of movie that really blows anyone’s mind. You don’t produce a “Pulp Fiction” by thinking like a marketing major, you produce it by thinking like a showman.
As I understand it, Disney wanted a certain amount of cash for the 700 or so titles in the company’s library, and they got it from a construction magnate with apparent close ties to the least trusted and most widely disliked person in an industry with a high quotient of untrustworthy and unlikable people. Disney has done a lot of things right over the years and they’ve done a lot of things wrong, I make no claims to being able to really look inside this as a business decision, but this certainly feels wrong. The film studio that launched some of the greatest behind-the camera talents around, including Quentin Tarantino, Alexander Payne, Jane Campion, Anthony Minghella, Kevin Smith, Steven Soderbergh and even (in the U.S. market) Hiyao Miyazaki, among many others, deserves better.
For more, I definitely suggest you read the Anne Thompson piece I linked to above, and check out her links as well. Wikipedia has a partial and awe-inspiring list of films made and released by the company.
And now, your moment of Miramax.