Well, so much for that. Right on the heels of the Deadline news that the Weinsteins wanted their Miramax back, The Wrap reports that the studio is closing. The New York and Los Angeles offices are being shut down, eighty people are losing their jobs, and there's no buyout in sight. It seems Disney didn't respond to buyout options, although Bob Iger said he would sell the studio outright for the oh-so-reasonable price of $1.5 billion.
Harvey said of the news: "I'm feeling very nostalgic right now. I know the movies made on my and my brother Bob's watch will live on as well as the fantastic films made under the direction of Daniel Battsek. Miramax has some brilliant people working within the organization and I know they will go on to do great things in the industry."
More than a name is dead. There are six movies waiting for distribution, three of which we've noted before.