sean(doc)martin
08-13-2004, 11:50 PM
Miramax Lays Off 13 Percent of Staff
LOS ANGELES (Reuters) - Miramax Films on Friday laid off 13 percent of its 485-member staff to slash costs in the face of a smaller number of films slated for theaters this year, a company spokesman said.
The move had been expected from the backer of Oscar-winning movies like "Chicago," and it comes as Miramax co-chief executives and brothers Harvey and Bob Weinstein plot a new future with parent Walt Disney Co. (DIS.N: Quote, Profile, Research)
No matter how bad the Jew fails he always runs to the main Jew.
Miramax spokesman Matthew Hiltzik said the 65 job cuts "have nothing to do with Disney.
Of course not perhaps people are finally fed up with Hollywitz. Disney was a good white man and the Jews have destroyed his buisness.
"This is not a reflection on anyone's performance. It is simply an effort to bring our staff levels in line with a smaller release schedule," Hiltzik said.
Talk of impending layoffs at the New York-based independent film powerhouse first surfaced back in June, and had put the figure at a higher 20 percent.
Hilzik-Jew? Jews New York, man how much more can people take?
The Weinsteins have been in talks to renew their contracts for months, but Harvey Weinstein and Disney chief Michael Eisner have clashed over the unit's direction, movie budgets and the Weinsteins' pay package.
Perhaps the Weinsteins didn't produce enough hate whitey films for Eisners taste.
Disney allocates $700 million each fiscal year for Miramax to make movies, and Eisner is looking to reduce that amount, sources knowledgeable of the company's finances have told Reuters in the past.
Their long-simmering battle heated up earlier this year when it was disclosed that Disney refused to let Miramax distribute the anti-Bush documentary, "Fahrenheit 9/11." Bob and Harvey bought the movie rights from Miramax at a cost of around $6 million, and it went on to gross over $100 million at domestic box offices.
Oy vey don't talk about our head Goy.
This week, the Weinsteins were at Disney's Burbank, California headquarters to discuss their future.
Sources who knew of the discussions have told Reuters that under a plan now being discussed, Bob Weinstein would stay at the company he and his brother founded, then sold to Disney about a decade ago. Harvey Weinstein would leave to establish his own production company in cooperation with Disney.
Disney and Miramax routinely decline to comment on the contract negotiations.
http://www.reuters.com/newsArticle.jhtml?storyID=5974591
LOS ANGELES (Reuters) - Miramax Films on Friday laid off 13 percent of its 485-member staff to slash costs in the face of a smaller number of films slated for theaters this year, a company spokesman said.
The move had been expected from the backer of Oscar-winning movies like "Chicago," and it comes as Miramax co-chief executives and brothers Harvey and Bob Weinstein plot a new future with parent Walt Disney Co. (DIS.N: Quote, Profile, Research)
No matter how bad the Jew fails he always runs to the main Jew.
Miramax spokesman Matthew Hiltzik said the 65 job cuts "have nothing to do with Disney.
Of course not perhaps people are finally fed up with Hollywitz. Disney was a good white man and the Jews have destroyed his buisness.
"This is not a reflection on anyone's performance. It is simply an effort to bring our staff levels in line with a smaller release schedule," Hiltzik said.
Talk of impending layoffs at the New York-based independent film powerhouse first surfaced back in June, and had put the figure at a higher 20 percent.
Hilzik-Jew? Jews New York, man how much more can people take?
The Weinsteins have been in talks to renew their contracts for months, but Harvey Weinstein and Disney chief Michael Eisner have clashed over the unit's direction, movie budgets and the Weinsteins' pay package.
Perhaps the Weinsteins didn't produce enough hate whitey films for Eisners taste.
Disney allocates $700 million each fiscal year for Miramax to make movies, and Eisner is looking to reduce that amount, sources knowledgeable of the company's finances have told Reuters in the past.
Their long-simmering battle heated up earlier this year when it was disclosed that Disney refused to let Miramax distribute the anti-Bush documentary, "Fahrenheit 9/11." Bob and Harvey bought the movie rights from Miramax at a cost of around $6 million, and it went on to gross over $100 million at domestic box offices.
Oy vey don't talk about our head Goy.
This week, the Weinsteins were at Disney's Burbank, California headquarters to discuss their future.
Sources who knew of the discussions have told Reuters that under a plan now being discussed, Bob Weinstein would stay at the company he and his brother founded, then sold to Disney about a decade ago. Harvey Weinstein would leave to establish his own production company in cooperation with Disney.
Disney and Miramax routinely decline to comment on the contract negotiations.
http://www.reuters.com/newsArticle.jhtml?storyID=5974591