In the wake of Bob and Harvey Weinstein's split from Disney, Wall Street analysts predict that in the long run, the move will strengthen the power of Disney stock. "As Miramax's production costs have escalated over the past several years, so have the Weinstein's bonuses,"  noted Anthony Noto of Goldman Sachs. Meanwhile, "Miramax's profitability has gone down significantly." Though Noto and other analysts predict that Disney's stock price may drop a cent or two this quarter, with the new Miramax's reduced payroll, The Disney Corporation on the whole whould start spending less money, whilst making more and more profitable films. "We think losing creative talent for an entertainment company is a negative, but not at the expense of delivering commercially acceptable returns," says Noto.
categories Movies, Cinematical