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.

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