CALIFORNIA - Privately-held Miramax, which owns the rights to hundreds of Hollywood films including "Bridget Jones' Diary" and "The English Patient," is exploring strategic alternatives including a potential sale, according to people familiar with the matter.
The Santa Monica, California-based company is speaking to financial advisers about its options, according to the people, who could not be named because the matter is private.
Bloomberg, which first reported the news Friday, said the company could be valued as high as $1 billion. A spokesman for Miramax declined to comment.
An investor group including Qatar Holding and Thomas J. Barrack Jr.'s investment firm Colony Capital bought the company from Disney (DIS.N) in 2010 for $660 million.
While the company is best known for its extensive film library, it now has started to distribute new movies, including independent film "Mr. Holmes," starring Sir Ian McKellen and Laura Linney which was released on Friday.
It also produces a TV show called "From Dusk Till Dawn" which is based on the 1996 Robert Rodriguez film.
Miramax was founded in 1979 by Bob and Harvey Weinstein. -Reuters
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔