Background: Miramax Films was founded on December 19, 1979 by brothers Harvey & Bob Weinstein, who coined the company's name by combining the first names of their parents: their mother Miriam and their father Max. In 1993, Miramax and its newly-created subsidiary Dimension Films were acquired by The Walt Disney Company (however, Miramax would continue to license home video rights to Live Entertainment before founding its own home video division in 1994).
On March 29, 2005, the Weinstein brothers left Miramax (and consequently Disney), taking the Dimension Films label with them and forming The Weinstein Company in October of that year. In January 2010, Disney shut down Miramax's New York and Los Angeles offices and consolidated the studio's operations to Burbank. Disney also reduced Miramax's yearly release schedule from six films to just three. Disney's then-studio chairman Dick Cook intended for Miramax to remain a subsidiary of the company, but following his resignation, his replacement Rich Ross ultimately decided on selling the studio. On December 3, 2010, Disney finalized its sale of Miramax to Filmyard Holdings, LLC, a joint venture between Colony Capital, Tutor-Saliba Corporation, and Qatar Investment Authority. On January 22, 2013, Ron Tutor sold his stake in Miramax to the Qatar Investment Authority. On March 2, 2016, Miramax was sold to beIN Media Group, a spin-off of the Al-Jazeera Media Network's sports assets. From 2011 to 2019, Lionsgate Home Entertainment handled the US home media distribution of the Miramax library, while European home media rights lied with StudioCanal and Japanese home media rights were handled Warner Home Video from 2012 to 2017. Shortly after its re-merger in December 2019, ViacomCBS (now Paramount Global) acquired a 49% stake in Miramax, with the deal closing on April 3, 2020, putting Miramax's film library under the ownership of Paramount Pictures.
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