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Posted in 2005, Entertainment | 0 comments

Weinstein Brothers

No. 7 Weinstein Brothers (Founders & CEO’s): Miramax

After 25 years of partnership with Disney, Miramax founders Harvey and Bob Weinstein resigned from their positions as chief executive officers in February 2005. After reportedly heated conflict, the Weinstein brothers walked away from Disney with a settlement of more than $100 million and were able to keep Dimension Films, while Disney kept Miramax. For the movies made while the Weinsteins were still at Miramax, Disney carried all the marketing and distribution costs, as well as any potential revenue from the Miramax releases. Unfortunately, soon after the Weinstein brothers resigned, Disney incurred hefty losses for the lackluster box office performance of these films.