October 21, 2016
        Hollywood Contenders: New Oscar Predictions for October                Nicole Kidman, Hugh Grant, Naomie Harris, Lily Collins get Honors at 20th Annual Hollywood Film Awards                "Manchester by the Sea" leads the Gotham Award nominations                Tom Ford, Marc Platt and Kenneth Lonergan to be Honored at 20th Annual Hollywood Film Awards                Tom Cruise is in his action hero comfort zone with "Jack Reacher: Never Go Back"                "Moonlight" could be A24's big Oscar horse this year                Ewan McGregor steps behind the camera with "American Pastoral"                Hollywood Contenders: A second crack at Golden Globe predictions for 2016                "The Accountant" seeks to help give Ben Affleck another blockbuster                85 countries will be competing for Best Foreign Language Feature nominations at the Oscars                Tom Hanks to receive Hollywood Actor Award for "Sully" @ Hollywood Film Awards                "Certain Women" showcases Laura Dern, Kristen Stewart, and Michelle Williams                Ben Affleck is perhaps Hollywood's biggest and most diverse superstar                "The Birth of a Nation" looks to survive controversy and contend for awards                "The Girl on the Train" hopes to transport Emily Blunt to the Oscar race        

Miramax sale in limbo

HollywoodNews.com: Disney’s sale of Miramax Films to construction tycoon Ron Tutor looks to be going south.

Variety reported that financial backers in Tutor’s $660 million bid have exited. Banks were set to finance $250-$275 million with the rest coming from Morgan Creek founder James Robinson and philanthropist Jerome Swartz, who have reneged on their commitments.

Disney announced the sale on July 30 after turning down the Weinstein Brothers, the original owners of Miramax, who came forward with a bid for $565 million. It isn’t definite whether the Weinsteins will re-bid again.

Recently Disney released one of Miramax’s final films, “The Switch,” starring Jennifer Aniston and Jason Bateman. The film failed to generate any large waves at the domestic box office, grossing just over $17 million.

Many box office pundits and critics believed that the film would have played better as an arthouse release. Tutor’s Miramax was originally set to handle “Switch” but Disney decided to distribute for a fee.


Photo Credit: Miramax/Disney

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