Disney Pulls Two Miramax Films From Release Due to Pending Sale

LATimes: "Walt Disney Studios has told the producers of its Miramax movies "The Debt" and "Don't Be Afraid of the Dark" that it won't be releasing the films because of the pending sale of the specialty division.

The two pictures are being sold to newly created Filmyard Holdings, whose partners include Ron Tutor and private equity fund Colony Capital, as part of its $660-million acquisition of Miramax Films, expected to close by the end of the year."

Read Full Story >>
The story is too old to be commented.