"The Wrap" is reporting that today Disney Studios will be closing the New York and Los Angeles offices of Miramax Films and 80 people will lose their jobs.
The site says that six movies awaiting distribution, including Last Night (Starring Keira Knightley, Eva Mendes, and Sam Worthington), The Debt and The Tempest (Starring Helen Mirren), will be shelved or get a tepid release.
Founded in 1979 by Bob and Harvey Weinstein, Miramax was a leading independent movie distribution and production company before it was acquired by Disney in 1993. In 2005, the Weinsteins decided to leave the company and founded The Weinstein Company.
