The Weinstein boys are back at Miramax. Colony Capital principal Tom Barrack Jr and The Weinstein Company co-chairmen Harvey and Bob Weinstein have set an alliance that will exploit the creative properties in the library that the brothers left behind when they exited Disney. The deal will span 20 years and multiple titles for films, TV series and live stage productions. Qatar Holding and Miramax will finance these, with TWC steering development and distributing domestically while Miramax distributes internationally. Qatar Holding and Colony Capital bought the Miramax library in 2010 for around $660 million.
They’ve been successful librarians, but now Colony Capital needs the talent relationships and development expertise of the Weinsteins to become content generators. “Sure, we own the intellectual property in the library, and most of the intellectual properties in development, but we didn’t have the art form. […]
The new venture will get off the ground quickly with sequels to the Best Picture Oscar winner ‘Shakespeare In Love’ and ‘Rounders’, and they will develop series transfers of ‘Good Will Hunting’ and ‘Flirting With Disaster’. They will also shepherd a development library that includes ‘The Alibi’, a comedy scripted by Stephen Colbert about a service that cleans up messes and creates cover stories for cheating spouses, and ‘The Ninth Life Of Louis Drax’, a script that was being developed by the late Anthony Minghella and Sydney Pollack.
Full Article: Deadline.com
Comedy Script by Stephen Colbert Moves Forward in Development