Disney unloads Miramax for $675 million

Reports from Hollywood are that Disney has sold it’s art house studio Miramax to a consortium of investors for $675 million. TheWrap.com had the scoop, although Disney refuses to confirm the report. This ends a long strange chapter for Disney that found the family entertainment studio sometimes faced with much more adult subjects coming out of Miramax

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Disney unloads Miramax for $675 million

Disney loses $270 Million Millionaire case, will appeal (duh!)

The Walt Disney Company was unable to convince a jury that it’s convoluted accounting practices that strips the profit from any production was just the way of doing business. The result is that they now owe British production company Celedor $270 million as their share of profits in the “Who Wants To Be A Millionaire” franchise. Oops

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Disney loses $270 Million Millionaire case, will appeal (duh!)