Tue, May 25 2010 | Published in *NEWS

Miramax and Disney talks off “For Now”

By Roger Friedman

HollywoodNews.com: Yes, the Wall Street Journal says this morning that talks between Harvey Weinstein-Ron Burkle and Disney over the sale of Miramax are off.

However: sources say this has happened before, that the Journal story is spin, and that it’s not over ’til it’s over.

Indeed, this story is a spin fiesta, as it was only last Saturday that the LA Times got spun about the deal being over. They retracted that story, and the New York Times then dropped it.

Here’s what I can figure out from the people who will talk, since the principals are unusually silent on this subject. Weinstein and Burkle are fine, they’re on the same page, and there’s no trouble on that side. Burkle has a long relationship with Fortress Investments stemming from their mutual interests some five years ago in Michael Jackson’s loans against his Sony music publishing interests.

To read more go to Showbiz411.com.

Tags: breaking news, Business/Finance, Entertainment news, Entertainment/Culture, Fortress Investments, harvey weinstein, Harvey Weinstein-Ron Burkle, Hollywood, hollywood news, Ice hockey, LA Times, M&A, michael jackson, Miramax Books, Miramax films, National Hockey League, Ronald Burkle, Sony Corporation, the LA Times, the New York Times, The New York Times Co, the Wall Street Journal, The Wall Street Journal Online

About Roger Friedman

Roger Friedman began his Showbiz411.com column in April after 10 years with Fox News where he helped create Foxnews.com. Friedman’s prior experience on the Internet is with MSN’s Cinemania column. Friedman also wrote the Intelligencer column as a contributing editor at "New York Magazine," where he covered the O.J. Simpson criminal trial. In addition, Friedman has been involved in book publishing and filmmaking (Only the Strong Survive). For more about Roger go to Showbiz411.com

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