When Mike Lang was CEO of Miramax Films, he came to Cannes last year with big plans to move into production, and tap the library for remakes. It was an ambitious plan. Now, Lang surprisingly resigned and it’s not exactly clear what Miramax is going to be. We do know its core business is earning cash from managing the library built up by Bob and Harvey Weinstein that came in the Disney sale for over half a billion dollars. Now, Miramax has taken on the library of films that include Guys and Dolls, Wuthering Heights, The Best Years Of Our Lives and The Secret Life Of Walter Mitty. Here’s the announcement:
SANTA MONICA, CA, April 2, 2012 – Miramax and the Samuel Goldwyn Jr. Family Trust today announced that Miramax’s Global Sales team will manage global licensing of the library produced by the legendary Samuel Goldwyn. Terms of the agreement are not being disclosed.
Miramax will license content across a broad range of television and digital platforms, including free and premium linear services, subscription video-on-demand and ad-supported video-on-demand, maximizing distribution of beloved films from the library including such classics as: Guys and Dolls; The Bishop’s Wife; Pride of the Yankees; Little Foxes; Wuthering Heights (1939); and Best Picture Winner, The Best Years of Our Lives.
Other acclaimed Goldwyn titles that the Miramax sales team will represent include: The Secret Life of Walter Mitty; Hans Christian Andersen; Ball of Fire; Dodsworth; and The Westerner, among scores of other timeless comedies, musicals and dramas.
Samuel Goldwyn, Jr. said, “The Miramax Sales team has demonstrated great success representing renowned film libraries across many traditional and exciting, emerging platforms. I am pleased to have them as our agents for my father’s films. We look forward to reaching even more classic movie fans around the globe with our cherished films.”
“We are very pleased that Goldwyn has selected Miramax to represent its iconic film library around the world,” said Joe Patrick, Head of Worldwide Sales at Miramax. “We believe this agreement underscores the strength of the sales organization we have built and is a testament to its success across multiple platforms worldwide. We’re privileged and proud to be a part of the Goldwyn legacy.”