The 'Inglourious' Decline of Miramax Films

Miramax Films is dying. The onetime Oscar darling, which produced best picture nominees for 12 straight years, didn't win a single Academy Award last year. This year it didn't warrant a nomination. And in January, Disney (DIS) ceased Miramax's independent administrative, marketing, and distribution functions and closed its offices in New York and Los Angeles.

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