After thirty-one years of operation, the New York and Los Angeles offices of arthouse movie distributor Miramax Films closes their doors today - reports The Wrap.
This has been inevitable since Disney took over from founders Harvey and Bob Weinstein and given the pair's departure years ago.
In recent years the Mouse House has shrunk the company more and more. With Rich Ross taking over at Disney late last year, the last remnants of the once powerhouse mini-major have been swept away in the name of strengthening the Disney brand in the coming digital future.
Recently the Weinstein boys have tried to buy the name of their former company back, but Disney has not responded.
Disney chief suit Robert A. Iger has generally made it known he'd be willing to sell Miramax outright for around $1.5 billion - a price tag quite steep given the economy.
The release fate of the six completed projects the studio has sitting on a shelf is unknown...
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