US studio Miramax could be sold to Qatar-based BeIN Media Group, with exclusive talks being held, according to a Bloomberg report. According to unnamed Bloomberg sources, a deal with BeIN could be completed by the end of the year. Miramax was put on the block for around US$1 billion earlier this year. Miramax is best […]
The owners of Miramax are weighing selling the company and, if they proceed, have put a price tag of about US$1 billion on the US producer and distributor. Bloomberg broke the story and reported that Miramax is talking to banks about a possible sale. The company has a deep movie library and has also moved […]
Miramax and The Weinstein Company have inked a wide-ranging agreement for the development, production and distribution of new TV projects and movies. The multiyear deal will include the development of Miramax movie Good Will Hunting as a TV series. TWC will sell it in the US and Miramax internationally. The same model will apply to […]
Peter Chernin has reportedly joined forces with private equity firm CVC Capital to make a US$2 billion bid for sports and content business IMG. Peter Chernin is the former News Corp number two who has set up a media investment business The Chernin Group. CVC is the private equity company that is a major shareholder […]
Middle Eastern fund Qatar Holding is the latest organisation to be linked to a move for US catch-up and on-demand service Hulu. Weekend reports suggested the Qatari organisation is now one of seven interested in Hulu with bids in the region of US$1 billion. Other bidders for the ABC, Comcast and Fox-owned service are thought […]
Qatar Holding has reportedly made a major investment in Peter Chernin’s media company The Chernin Group. Along with a large investment from private equity firm Providence, Chernin has about $300 million to fund expansion of his fledgling company, news wires reported. Former News Corp. COO Chernin will use the cash to invest in TV, film […]
