Filmyard Holdings, LLC was an American pure holding company and is the former parent company of

Miramax Miramax, LLC, formerly known as Miramax Films, is an American independent film and television production and distribution company owned by beIN Media Group and Paramount Global. Based in Los Angeles, California, it was founded on December 19, ...

. They operated in between the years of 2010 to 2016. Colony Capital and Qatar Investment Authority own the studio. Rob Lowe is an investor in Colony's entertainment fund. On December 3, 2010,

Disney The Walt Disney Company, commonly referred to as simply Disney, is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Di ...

closed the sale of Miramax to Filmyard Holdings. Investors put in $200 million in capital while raising $400 million in liabilities through

Barclays Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...

PLC led group of banks. Mike Lang, former business development executive at

News Corporation The original incarnation of News Corporation (abbreviated News Corp. and also variously known as News Corporation Limited) was an American Multinational corporation, multinational mass media corporation founded and controlled by media mogul Ru ...

, was selected as the CEO of Miramax, and the sale, estimated around US$663 million, included 700 film titles, as well as 90 book rights, 300 development projects and the "Miramax" name. Additionally, Miramax came with $50 million in cash, $10 million in adjusted fees and two finished films ready for release. '' Don't Be Afraid of the Dark'' and '' The Debt'' were released in 2011 by FilmDistrict and Focus Features, respectively. Filmyard was content with generating revenue off Miramax's film library until Miramax was sold to beIN Media Group on March 2, 2016, on that day, Filmyard Holdings quietly ceased operations and was folded into Colony Capital (Now DigitalBridge). On January 22, 2013, Ron Tutor sold his stake to co-owner Qatar Investment Authority. Qatar's stake is reported by Variety as 75 percent.

References

Holding companies of the United States Miramax {{US-company-stub

See also

References