click the owners of miramax are not movie creators. -- >> the owners of miramax right now are not moviehave made money because they took the library and cut deals with netflix. they have been thinking about the next option. at the end of the day, maybe this was the best option for them because harvey weinstein probably would have been , to your point, if there was some kind of sequel to the crying game put out by another studio. that is a concern that he probably had of someone else were to make these projects. he had a lot of exploring of options by miramax. maybe this was the best option on the table for them. that is why both sides feel good about it. >> even though this is a good deal for the weinstein, would you say for -- the say the same for tom barrett and colony e >> i think tom it -- tom barrett could make some movies and breathe life into these franchises. then they could make new deals with digital platforms like netflix. what,en say, hey, guess we have been doing some pretty good movies and we are set to earn a little bit more money. that is the reality. the value of a film

they have a recent agreement that will bring the weinstein brothers back to miramax.rlichman is in l.a. with the new hollywood. this is a wonderful christmas he y story. >> they should make a movie about it. >> you know what? it is a gray business story. we know how passionate the weinstein brothers had been about this miramax of randa business started in 1979. they had a great run of independent films in the 80s. it ends up as part of the business. they did not leave on the friendliest of terms and has started the weinstein company and disney sold the miramax business to a group of investors. all along, everyone has wondered all along, everyone has wondered will they come together in some way shape or form. here they are again. in a couple of decades we could see them thinking about some creative ways to tap into this library that is miramax for film and television. >> specifically, what kind of projects could we see for miramax? >> a range of stuff. they are all ready talking about the idea of maybe a project tied to goodwill hunting or others. harvey weinstein even

specifically, what kind of projects could we see for miramax? >> a range of stuff.are all ready talking about the idea of maybe a project i to goodwill or others. harvey weinstein even suggesting maybe there could be another film could be tied to shakespeare in love. the bigger business story is for a film library to maintain its value or to grow in value, a need to stay active. the new owners of miramax had done a great job of making their money back by selling the digital rights, cutting deals with new platforms like netflix. that is great. if you're not able to go out and make sequels or roger asked tied to that library, people start to forget a little bit. that can hurt on the value of what they had. that is the big reason behind this deal. they want to prove they can take some of the early miramax brands and get them out there in a big way it is good to see. all the love in the room. it is so much, even for hollywood. we will do a buddy film soon. back off. you can be the good cop. joined forces last week was 70 biggest names in technology to encourage children

harvey and bob weinstein are re-kindling a partnership with miramax.the power producers ended their relationship with the film studio in 2005 to create "the weinstein company."the deal means the weinsteins can produce sequels or tv shows from miramax's collection of famous titles that includes films such as pulp fiction and chicago. production will begin as early as next year. in a new horse meat scandal-- french authorities have arrested 21 people. the arrests were made after police raided drug production facilities on suspicions that horses ended up on consumers' plates. horse meat is eaten in france but when not meant for human consumption the meat could pose health risks. the animals used in the production of medicines are generally sold after three years and microchipped. buyers have to commit not to slaughter them. the fda is pushing makers of antibacterial soaps to come clean. under new rules- manufactuers have to "prove" that antibacterial products are more effective than plain soap and water at killing germs and are safe for long term use. the

the films you sell avails, availability, miramax is a clean brand. everybody knows the genre and the difficulty of making those films is immense. harvey and i have been friends forever and i've been tracking and suiting him trying to figure out a way to put humpty dumpty back together in a smart way. the platform doubled the cash flow we projected it's a little bit like farming our own acres of diamonds. we have 750 films, 250 development projects, ones who know best how to sequelize those films, how to uncapture the rest of the value, harvey and bob. and there's nobody who's better at institutional qualify. we look at it as putting the rubiks cube together again. >> doubling down on distribution. an early thing when you got in and now it is a real place for growth obviously that you see. >> it is. you know, the movie business is disintermediating everywhere. studios are own by conglomera conglomerates. they have a designated silo in which pay-per-view or international distribution has to go and you have a multiplicity more of buyer in the world as e

in the 1990's, miramax released fiction.""pulp new movie released a in years. the weinstein brothers are back and i plan to make new movies and television shows based on the movies they have already made. brett tells us what to expect. >> it is all upside. >> for who? for the weinstein's. they are getting a distribution fee and a percentage of the profits but they are not financing this. this is a company they find it in 1979. -- they founded in named after their parents. there is emotional resonance. as theribed it to me last scene of "raiders of the last arc." >> it still means that much to them? >> he thinks there is a lot of potential in this intellectual property to mine it in new ways. >> what might we see? >> certainly can't television. he is interested in doing a television show based on characters from "good will hunting." >> is the content dated? that is a risk, but if you look at mgm, they are building their business model about a library, revitalizing library titles. >> these are different kinds of titles. when you look at marvel comics' superheroes