LOS ANGELES — Two people familiar with the matter say Los Angeles billionaire Ron Burkle’s talks to buy The Walt Disney Co.’s Miramax Films division are at an impasse mainly because of problems securing the Weinstein brothers as the company’s managers.
Disney had been negotiating exclusively with Burkle to sell him the niche movie label for about $625 million since mid-April.
The people said sticky relations between the Weinsteins and the movie studio they founded in 2005, The Weinstein Co., are holding up a deal.
Unresolved issues include how much time the Weinsteins will devote to Miramax and how their new company, The Weinstein Co. will benefit from the arrangement.
The people were not authorized to speak about the matter publicly and requested anonymity.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
Only subscribers can view and post comments on articles.
Already a subscriber? Login Here
Planning your dream wedding? Discover everything you need at the Wedding Fair in the Park – … Read moreWedding Fair in the Park
“Side-splittingly funny and brilliantly chaotic” Read moreThe Play That Goes Wrong
Dirk van Ulden said:
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.