ViacomCBS Buys Miramax Minority Stake
ViacomCBS bought a 49% stake in Miramax, with beIN Media Group retaining its 51% stake, it said Friday. The price was $150 million at closing plus a $225 million commitment over the next five years toward new film and TV…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
production and working capital, it said. The acquirer's Paramount Pictures gets an exclusive distribution agreement for Miramax's film library and first-look agreement to develop, produce, finance and distribute film and TV projects based on Miramax intellectual property.