Miramax and The Weinstein Company (TWC) today announced an agreement to create sequels to some of Miramax's best-known properties and to partner on potential new television shows and special edition home entertainment products.
The first films to be produced under the agreement will be sequels to Bad Santa, Rounders and Shakespeare in Love. The other potential sequels and TV projects are Bridget Jones's Diary, Cop Land, From Dusk Till Dawn, Swingers, Clerks, Shall We Dance?, and The Amityville Horror. This partnership augments an existing relationship between the companies on such franchises as Scream 4 (to be released April 15, 2011), Spy Kids 4: All the Time in the World (to be released August 19, 2011) and Scary Movie 5.
In addition, Miramax will handle digital distribution on select sequel projects. Miramax and TWC have also agreed to develop new, special edition materials for Blu-ray releases, such as roundtables featuring cast and directors.
"We are very close to these films and the new management of Miramax also feels that we are in the best position to create sequels that are at once worthy and compelling in their own right," stated TWC's Harvey Weinstein and Bob Weinstein. "We look forward to working with Mike and his team on getting these films into production as soon as possible, and extending our partnership in the years ahead."
Mike Lang, CEO of Miramax, stated: "We are thrilled and honored to work with Harvey and Bob Weinstein. There is no better partner to build on these great films and turn them into franchises, while also creating exciting new TV properties. This agreement will extend the Miramax library while also enabling us to create new content without committing near-term capital."
"This is the perfect addition to our ongoing slate, giving us the ability to work on already existing franchises that have had such lucrative success at the box office, as well as a great starting ground to our newfound relationship," stated TWC COO David Glasser. "We clearly believe it will be mutually beneficial for both companies."