At the end of July I wrote a post titled "The Miramax Fight is Over: Tutor Takes the Prize." Oh, what hopeful words. After a long ordeal where the Weinsteins tried to buy back their company, and every rich dude on the block contemplated a movie studio purchase, it seemed like Disney's sale of Miramax was finally complete. No more out-of-left-field twists like Rob Lowe, Studio Head. But not so fast. Yet again, Miramax is facing monetary issues, but this time it's not the Weinsteins losing investors.
Ron Tutor and Colony Capital have lost two big money-givers -- James Robinson of Morgan Creek Productions, and Jerome Swartz, a retired engineer and philanthropist.