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Miramax International Logo
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Author : Chipman
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Link : www.miramax.com
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In 1993 Miramax was purchased for $60 million by The Walt Disney Company.[4] Harvey and Bob Weinstein continued to operate Miramax until they left the company on September 30, 2005. During their tenure, the Weinstein brothers ran Miramax independently of other Disney companies.
Miramax operated, until 2005, the label Dimension Films, specializing in genre films and created the Spy Kids, Scream and Scary Movie film franchises.
After the acquisition by Disney, the Weinsteins started to have problems with Disney CEO, Michael Eisner, on creative and financial matters. Eisner was reluctant to give as much creative freedom and financial support for the Weinsteins, who over the years increased the budget for their productions. Disagreements between the two sides came to the point that negotiations to extend the contract with the Weinsteins in Miramax ended in failure
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