The Walt Disney Company Is Looking To Sell Miramax Films

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?

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1. Daniel

   May 12, 2011 at 11:51 am

   Disney will buy it all back and everything! Really!

   Reply