Disney/Filmyard Miramax closing by end of year

9 August, 2010

Michelle Williams and steadycam

Michelle Williams and steadycam

The Miramax deal is expected to close between Sept. 10 and the end of the year. Rob Lowe put up money to buy Miramax “The acquisition of a classic brand like Miramax is an exciting first step in my partnership with Tom Barrack and Colony Capital,” Filmyard Holdings, to pay more than $660 million — subject to certain adjustments, per Disney — for the rights to 700 library titles, plus the Miramax name, books, development projects and other assets.

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