"TWC has failed to pay Greenberg Glusker for its legal services in this matter and has stated that it will be unable to pay for its services as the cases [sic] progresses," writes Shephard in a Wednesday filing.

The Weinstein Company (usually credited or abbreviated as TWC) was an American independent film studio, founded in New York City by Bob and Harvey Weinstein in 2005. A Variety and iHeartRadio PodcastOne individual close to the negotiations said there were issues that derailed the talks but cautioned that it remains possible that discussions could resume.The Miramax owners have offered the stake amid growing demand for film and TV assets, driven by new streaming services from companies like Disney, NBCUniversal, Apple and AT&T. Viacom and CBS are merging in order to compete effectively in the fast-changing media environment.Miramax’s assets were acquired from the Walt Disney Company in 2010 by Filmyard Holdings, consisting of Colony Capital, Tutor-Saliba Corporation, and Qatar Investment Authority.

Miramax’s Dimension made three Halloween movies in 1995, 1998 and 2002 followed by the Weinstein/Dimension’s Zombie titles in 2007 and 2009. For its first 14 years the company was privately owned by its founders, Bob and Harvey Weinstein. The company was founded by the brothers Bob and Harvey Weinstein in Buffalo, New York, in 1979, and was named by combining the first names of their parents, Miriam and Max. It was created to distribute independent films deemed commercially unfeasible by the major studios. "MIRAMAX®" and the "Miramax" logo are the registered trademarks, trademarks and service marks of Miramax, LLC. Send us a tip using our annonymous form.“This represents a major investment in and endorsement of our thriving Miramax business, which has grown in value under beIN Media Group’s ownership and has a fantastic future ahead with major new movies and unexploited premium dramas. The current Miramax leadership team will cont… LOS ANGELES — Miramax, one of Hollywood’s best-known independent film and television labels, was acquired by the beIN Media Group, a sports and … Miramax, LLC (also known as Miramax Films) is an American entertainment company known for producing and distributing films and television shows. "MIRAMAX®" and the "Miramax" logo are the registered trademarks, trademarks and service marks of Miramax, LLC.

Thomas J. Barrack Jr., who founded Colony, said the growth in online streaming had allowed the group to return “our partners’ capital many times over.”He added: “Colony has done its job.”In a statement, Mr. Al-Khelaifi said he expected to use Miramax and its assets as part of a growth plan.

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Reports had said that Colony and its partners, among them the Qatar Investment Authority, had asked as much as $1 billion for Miramax, as they began shopping the company last year.Steve Schoch, the chief executive of Miramax, said his company looked forward to “expanding our film and television output.” "Because of the manner in which plaintiff was pursuing the case, because of the size of Greenberg Glusker's receivable, and because of some new and significant issues unrelated to this litigation which had arisen and with which TWC was required to deal (issues that have received a lot of national press and issues which do not involve Greenberg Glusker in any way, and in which Greenberg Glusker played no role whatsoever), Greenberg Glusker became concerned about being paid for its services," states the filing. "Oscar®" and "Academy Award®" are the registered trademarks, trademarks and servicemarks of the Academy of Motion Picture Arts and Sciences. Miramax was sold by its private equity owners in 2016 to beIN Media Group, which owns 100% of the company. The firm underscored that it is not involved in the ongoing sexual scandals. Miramax was founded in 1979 by brothers Bob and Harvey Weinstein, and was a leading independent film motion picture distribution and production company before it was acquired by The Walt Disney …