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February 24, 2005
Disney to Turn Miramax Into 'Elite SWAT Team'
Walt Disney Co. plans to relocate its Miramax Films unit to Los Angeles, where a streamlined version of the arthouse titan will operate like "an elite SWAT team," according to a Disney source. The two companies began a new series of meetings Wednesday to determine the terms of a separation agreement that will see Miramax co-chairmen Bob and Harvey Weinstein leave the New York-based firm in September after several years of strained relations with Disney. According to studio sources, Walt Disney Studios chairman Dick Cook plans to hire a new executive to run a reconfigured version of the specialty division, which will be located in Burbank under Disney production president Nina Jacobson.
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Posted By: pjbs35a @ 2:29 PM | 
