HOLLYWOOD ENDING: The Next Big Hollywood Sex Scandal is Already Breaking…at Nickelodeon.
Related Flashback: Disney Buys Miramax In Leap Toward Industry Lead — 60 Movies A Year Goal For Studio.
Miramax has had limited success producing its own movies, instead buying distribution rights to finished films produced by others. It has frequently been cash-strapped and considered a public offering two years ago to raise much needed capital.
“Those problems are over with,” Miramax Co-Chairman Harvey Weinstein said yesterday. He said Miramax now has Disney’s checkbook.
Gee, I wonder what else Harvey did with that checkbook?