Disney Officially Closes Deal for Miramax Sale

It is now official, Miramax Films has been sold by The Walt Disney Company to Filmyard Holdings LLC for $663 million, both companies said today. The sale of Miramax includes right to over 700 film titles, including Oscar-winning films, "Chicago," "Shakespeare in Love" and "No Country for Old Men." Also included are non-film assets, such as certain books, development projects and the "Miramax" name.

Partners in Filmyard Holdings include Thomas J. Barrack Jr., Colony Capital LLC, Ronald Tutor, and Qatar Holding LLC.

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