A few days ago the New York Times reported that Disney had around 10 bidders interested in buying the remnants of Miramax. Today The Wrap says Harvey and Bob Weinstein might be leading that pack. Two hedge funds have reportedly approached the brothers about partnering up to buy the defunct studio, which they founded together in 1979. And that’s a good thing, since they would likely need the help of someone with tons of cash to meet Disney’s $700 million asking price. That is, unless America discovers that it actually does like big sloppy musicals with too many stars and too little plot.
Weinsteins Circle Back to Buy Miramax From Disney [The Wrap]