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Viacom In The Lead Of Betting War For Miramax Films

(Last Updated On: September 12, 2019)
Pulp Fiction - 1994

Editorial use only. No book cover usage. Mandatory Credit: Photo by Miramax/Buena Vista/Kobal/REX/Samuel L. Jackson Pulp Fiction – 1994 Director: Quentin Tarantino Miramax/Buena 

Viacom is now the frontrunner to buy a part of Miramax Film library, now as Lionsgate has pulled out from the process.

According to the sources for Variety, the deal was possible worth up to $100 million.  If now that this deal would be successful, it would mean that Viacom would have access to over 800 titles, which now include; Pulp Fiction, Shakespeare in Love and Good Will Hunting. It would also include Guy Ritchie’s upcoming The Gentlemen starring Matthew McConaughey.

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Spyglass Media Group was for a moment interesting in the bid-war but dropped out. The owner for Miramax took the decision to stake out a part of the company, in terms to keep up with the competition of  the fast-changing industry with Streaming-services from Disney, NBC Universal, Apple, AT&T. Viacom and CBS is also merged together, as well on August 13th 2019.

Source: Variety.com


Marcus J. Ström
Marcus J. Ström
Marcus Ström | Journalist/writer and Chief Editor.

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