Word: weinstein
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Dates: during 2000-2009
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Independent film fans need no introduction to Harvey and Bob Weinstein, the brothers who founded Miramax and its sister company, Dimension. From small, intimate films like sex, lies and videotape and The Crying Game to flashy game-changers including Pulp Fiction and the $300 million-grossing Chicago, the Weinsteins proved smart little pictures (as well as smart big ones) could find a wide audience if promoted properly. After leaving longtime corporate parent The Walt Disney Co. last year, the provocative pair have struck out on their own once more with a new boutique media concern simply called The Weinstein Company...
...HARVEY WEINSTEIN: We were trying to say that even though we signed those contracts, good times were ahead. We needed to be independent of them for our own entrepreneurial spirit and they needed to be more corporate to maintain the strength of their company. We were a good fit, but in course it had run out. It was a fun way to end everything...
...WEINSTEIN: We got to see how they did it, and we learned a lot from their executives. We built a library during that time, and that was something we always wanted to do.... Look, we had autonomy when we were at Disney, and operated as our own company even when we were within the Disney sphere. Other than some instances where they didn?t release our films, such as Dogma and Fahrenheit 9/11, we were given freedom...
...have made more big deals than big movies. "Our meetings used to be about acquiring films. Now they're about acquiring companies," Bob recently told Harvey, only half-joking. They got 70% of publicly traded home-video label Genius Products in exchange for licensing the DVD rights to Weinstein movies--a "pretty radical" move, says Genius chairman Stephen Bannon. Genius distributes material from World Wrestling Entertainment, Discovery Kids and ESPN and in November signed an exclusive rental agreement with Blockbuster. Other affiliations include ownership of a small arts and entertainment channel with Hubbard Broadcasting, J.P. Morgan Chase and Perry Capital...
...only money. The real prize lies in the pursuit of power, innovation and, of course, approval from Mom. Miriam Weinstein, 80, is still upset with Disney for not allowing her sons to take back her namesake banner. Maybe if her boys do well this time around, they could just buy Disney instead...