Miramax to cut 80 jobs
Miramax will be closing the New York and Los Angeles offices of the movie studio costing 80 people their jobs. This comes at a point where they still have 6 movies waiting to get picked up for distribution, among them “Last Night,” “The Debt,” and “The Tempest.”
This is a sad state of affair considering Miramax was once one of the power arthouse studios that really paved the way for many movies to come. Some of their greatest hits produced from pioneers Harvey and Bob Weinstein were “The Piano,” “Pulp Fiction,” “Clerks,” and “The English Patient.” But their latest films that included “Cold Mountain,” “The Aviator,” and “The Four Feathers,” couldn’t resurrect them back from the dead.
Harvey Weinstein told The Wrap, “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.”
To read more go to The Wrap.