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

Miramax Miramax, LLC, also known as Miramax Films, is an American film and television production and distribution company founded on December 19, 1979, by brothers Harvey and Bob Weinstein, and based in Los Angeles, California. It was initially a lea ...

. Colony Capital and

Qatar Investment Authority The Qatar Investment Authority (QIA; ar, جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In 202 ...

own the studio.

Rob Lowe Robert Hepler Lowe (born March 17, 1964) is an American actor, filmmaker, and podcast host. He made his acting debut at the age of 15 with ABC's short-lived sitcom ''A New Kind of Family'' (1979–1980). Following numerous television roles in ...

is an investor in Colony's entertainment fund. On December 3, 2010,

Disney The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on October ...

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

Barclays Barclays () 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. Barclays traces ...

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

News Corporation News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New ...

, 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 Focus Features LLC is an American film production and distribution company, owned by Comcast as part of Universal Pictures, a division of its wholly owned subsidiary NBCUniversal. Focus Features distributes independent and foreign films in the U ...

, respectively. Filmyard was content with generating revenue off Miramax's film library until Miramax was sold to

beIN Media Group beIN Media Group ( /ˈbiːɪn/; Arabic: مجموعة بي إن الإعلامية‎, ''Majmū‘at Bī’in al-I‘lāmiyyah'') is a state-owned global sport and entertainment network headquartered in Doha, Qatar. beIN distributes entertain ...

on March 2, 2016. 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 {{company-stub

See also

References