What happened to Miramax?
Miramax ruled the indie world. They actually were one of those companies that was able to fund themselves and stay in business long enough to really get the chain rolling. … If you have to live and die one film at a time, you’re probably going to die, because far more films fail than succeed. The key is hanging around long enough to have that success that basically pays for all the failures. That, in a nutshell, is the movie studio business. … Miramax and New Line, which is its close cousin in many respects, had a handful of films that worked. They were able then to go out and release more films. The problem is, in success, you want to keep reaching for a higher brass ring. So the budgets start going up, you actually start making safer bets, or at least what you think are safer bets, because the budgets are higher. You may take fewer shots and you actually begin to look very much like a major studio. … In an effort to get a bigger supply of good films, they start funding films. N
