Mark Cuban may block Weinsteins from Miramax deal
Mark Cuban who is currently the owner of NBA’s Dallas Mavericks is paying attention to his interests in the Hollywood entertainment scene, which involve his recent investments. Earlier we reported that the Weinstein brothers were getting closer to re-claiming their Miramax name back, among the top of the list to bid on it. But now it looks like Cuban has something to say about that.
According to Business Week, Cuban invested at least $1.2 billion to produce Weinstein’s films “Nine” and “Inglourious Basterds.” They report that he wrote in an email, “I am having some issues with the Weinstein Co. right now. Bob and Harvey have historically worked with our companies to resolve these issues. I’m hoping the same applies here. If not, my position will certainly change.” Among other films that are in dispute are “The Road,” which was made for $25 million, but took in a disappointing $23.9 million at the box office. They also state that Cuban said, “I haven’t made up my mind yet and have my lawyers pulling together all the information. We have some disputes. So while I’m optimistic we can get them settled, we may have to interject ourselves in the deal legally.”