Qatar- beIN Media Group acquires Miramax

Date

3/3/2016 9:50:42 PM

(MENAFN- The Peninsula) Nasser Al Khelaïfi

DOHA: beIN Media Group has acquired Miramax one of the most distinguished and recognisable brands in entertainment and synonymous with award-winning and original content.

Selling shareholders include Qatar Investment Authority (QIA) and Colony Capital.

Nasser Al Khelaïfi Chairman and CEO of beIN Media Group said: “We are excited to have achieved this key milestone within our strategy. Miramax is a successful film and TV company providing a strong and recognisable brand a unique library and industry expertise that complement the Group’s plans to grow across the entertainment industry and develop new content production.

“As part of the Group we will support Miramax in continuing to build this platform. We very much look forward to working with the Miramax team” he added.

This year Miramax will invest in and co-distribute upcoming feature films including Bad Santa 2 Bridget Jones’s Baby Southside Withy You and The 9th Life of Louis Drax and TV show From Dusk Till Dawn: The Series heading into its third season.

Last year Mirzmax’s slate included the critically acclaimed Mr. Holmes one of the year’s most successful independent films and the comedy hit The Wedding Ringer.

Miramax also continues to thrive with its library which holds over 700 titles that collectively have garnered 278 Academy Award nominations and 68 Oscars including Best Picture winners The English Patient; Shakespeare in Love; Chicago; and No Country for Old Men.The Peninsula

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