Miramax Closes After 31 years

By Gareth L Powell

June 29th – Miramax, the studio responsible for launching the careers of Kevin Smith and Quentin Tarantino, closed yesterday with the loss of 80 jobs.

Founded in 1979 by brothers Bob and Harvey Weinstein, the studio grew to win four Oscars for best picture, and scored hits with films such as "Pulp Fiction", "The Aviator", "Clerks", "Trainspotting", "The Piano", "Good Will Hunting", and "The English Patient".

Miramax was bought by Disney in 1993. Brothers Bob and Harvey Weinstein remained with the studio until 2005, when they left to form The Weinstein Company.

The closure comes as little surprise to the industry, as reports suggest Miramax has been steadily downsizing since last October, when it reportedly slashed its yearly release schedule from eight films to three.

On TheWrap website, filmmaker Kevin Smith writes: "I’m crushed to see it pass into history, because I owe everything I have to Miramax. Without them, I’d still be a New Jersey convenience store register jockey."

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