It was announced last week that the Walt Disney Company was closing down Miramax Films, however now it seems that Disney would be more interested in selling the company – which could net upwards of $700 million.

The sale of the company would also come with the sale of its 700-film library.

Rumor has it that Summit Entertainment is interested in buying the company, but there is a short list of other groups interested as well.

Thoughts?

Related News:

• Summit Entertainment Pulls Out Of The Bidding For Walt Disney Company’s Miramax Films
• Walt Disney Company Pushes Back Deadline For Miramax Films bidding
• Walt Disney Company In Talks To Buy An In-Bus Digital Media And Advertising Company
• Walt Disney Company Selling Miramax
• Young Professionals Want To Work For The Walt Disney Company
• The Walt Disney Company Thinks Apple’s iPad Is A “Game Changer”
• Changes Being Made At The Walt Disney Company By Bob Iger