miramax-films

This has been coming for some time, and after recent shakeups at Disney, is really no great surprise. Now Daniel Battsek, the current president of Miramax, has announced that he’ll step down at the end of January 2010. At the same time, Disney will relocate the label from New York City to Disney’s headquarters in Burbank, CA, where they’ll reduce Miramax’s output to just three films a year. The label that launched Steven Soderbergh, Quentin Tarantino and Kevin Smith and was the biggest face of the ’90s indie explosion is basically dead.

OK, the real end of the era hit four years ago, when the Weinstein brothers left Miramax, the company they built into an indie juggernaut. The years since then have been an extended coda for Miramax as it soldiered on at Disney. We’ve known for some time that Miramax would be cutting back, and that move was seen as part of the death knell of the indie in general. But Battsek’s exit is a surprise, as Disney had recently said that he would “continue to oversee all aspects of creative, development, production and business and legal affairs.” Corporate climates change fast.

While Miramax wasn’t truly indie since Disney bought into it in 1993,the company the Weinsteins built into the most recognizable face of ‘indie’ film remained a player post-Weinstein. Gone Baby Gone, No Country For Old Men, The Queen, The Diving Bell and the Butterfly: all Miramax. Now THR reports that Battsek is exiting and that only about 20 jobs will remain. This all comes after a rough year for the company: Adventureland, Extract, Cheri and The Boys Are Back were all underperformers.

Where will the indie culture be in a few years? The big-ticket indie represented by Miramax is almost a dinosaur. While Fox Searchlight, Focus Features and Sony Pictures Classics are still doing well, none of those are actually independent, and there’s been a great deal of commentary in the past six months about the death of the American indie. But if it is truly dying, then how did we get Big Fan, World’s Greatest Dad, Precious, We Live in Public, That Evening Sun, Black Dynamite (bought by Sony Classics, but not made by them) and many other true indies this year? The landscape is changing, and fast, but it isn’t dying. This is a changing of the guard, if a difficult one.

  • MCA
    A dear shame, but that business
  • wow... only 3 FILMS A YEAR??? That's really a damn shame.
  • ScanCase
    Every since the Wienstien brothers left I have felt that Miramax has been going down hill. Although I'm not surprised by this news I'm still saddened.
  • Corran Horn
    A real shame, as they have made some of my favorite small-scale films. At least Focus, Searchlight, and Sony Picture Classics remain to carry on the fight. Definitely agree about this being a changing of the guard, especially with the emergence of new indie labels like Overture.

    Thankfully, Miramax has at least one worthwhile film to release before it fades away: THE DEBT, an Israeli spy drama/thriller with Helen Mirren, Ciaran Hinds, Sam Worthington, and Tom Wilkinson. Hopefully, that film will let Miramax go out with a bang.
  • Q.T
    The game is always changing. Indie or big scale distribution is facing an overhaul because the way we have access to content, and they cant keep up. Old sources of revenue no longer apply the same way they used to, and by the time its taken them to realize this, they are already in the red.

    This isnt a problem that can be solved by throwing more money blindly at it (Some believe that $100 million dollar movies are the only way to make sure you get your money back.) Of course films like Paranormal Activity disprove that. No, this is a problem that can only be resolved by looking for a way to
    deliver content and build loyalty. Not to mention embracing download distribution.
    Sitting back and waiting to see what the next guy does, until its a proven money maker takes too long. If Miramax wants to get back to a status where it can release more quality films, it should only put out 2 films next year, and take the budget they would use for a third and develop a new distribution model. I'm not saying it will be an overnight process, but if they put the time and effort into it, it will eventually pay off.
  • Allm0st
    It hasn't been the same since the Wienstien brothers left but it's a damn shame to see it go down like this.
  • Mattikus
    What a shame. They have a groovy name.
  • Goro
    For those that didn't already know, Miramax came from Bob and Harvey's Parents' first names (Miriam and Max)
  • When Disney bought Marvel, everyone cited Miramax as an example of Disney not interfering with their properties. I really fear for Pixar and Marvel now.
  • projectionist
    its sad to say that independent type of film is on the decline miramax will only knockout three films a year that is a shame, its more independent film releases that are needed not less it a real shame.
  • Reniassance_Man
    You Slashfilm writers should write an article about the state of independent films today because I, like I'm sure many others are, have been a bit misinformed about them. I've been under the assumption that if a film came from Sony Pictures Classics of Paramount Vantage, then it meant that it was an indie film. I'd love to see a history of indie films, including, what I guess has become, the de-indy-izing of indie films to the point where being independent became a commercial trait to exploit.
  • At least we'll always have those wonderful films as memories. I'll miss seeing that Miramax logo stretch across the screen and knowing you're in for something of a treat.
  • Why doesn't Disney stick with their own stuff? First I hear them buying Marvel so you know the up-coming comic flicks aren't going to be as good, now this! They're spreading like a virus!
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