Google Is In Talks to Bring Miramax Movies to the YouTube

Google's in talks with Filmyard Holdings, the soon-to-be owners of famed film studio Miramax, about a potential deal to gain digital rights to Miramax's archives.What's more, Walt Disney Co. is close to completing the sale of Miramax to Filmyard, run by Hollywood entrepreneur Ron Tutor and construction magnate Tom Barrack, whose private equity firm, Colony […]

Google's in talks with Filmyard Holdings, the soon-to-be owners of famed film studio Miramax, about a potential deal to gain digital rights to Miramax's archives.

What's more, Walt Disney Co. is close to completing the sale of Miramax to Filmyard, run by Hollywood entrepreneur Ron Tutor and construction magnate Tom Barrack, whose private equity firm, Colony Capital, is funding part of the $664 million purchase.

The sale, which includes the rights in more than 700 films such as "Kill Bill," "Pulp Fiction," and "No Country For Old Men," as well as the Miramax name, is expected to close by Dec. 10.

Sources said Google is eyeing the film rights to bolster its efforts to turn YouTube into a Web destination for longer form content, although Google may have to do battle with Netflix, which has also shown an interest in Miramax's film library.

A Google spokesman was noncommittal, saying, "We're always talking to the studios about different things and Disne remains a valuable YouTube partner. Outside of that, we don't comment on rumor or speculation."

[Source]

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