Tuesday 21 January 2020

Miramax deal 'happening' for Lowe

Rob Lowe is trying to buy Miramax Films
Rob Lowe is trying to buy Miramax Films

Rob Lowe has said his bid to buy Miramax Films is "happening".

The Brothers & Sisters actor is hoping to purchase the movie studio from Walt Disney Company with Tom Barrack, President of Colony Capital which co-owns Michael Jackson's Neverland Ranch, in a consortium that reportedly includes Hollywood financier David Bergstein and LA construction mogul Ron Tutor.

"We are right now in very heavy negotiating with Disney, and we're governed by all these non-disclosures, so really all I can say it's that it's real, it's on, it's happening - I think it's going to close, and it's going to be really, really exciting," he told Zap2it.

Rob, who guest stars in the fourth season of Californication, is excited about the forthcoming venture.

"It's going to be a fun chapter for me, but I'm not going to ever stop acting," he assured.

"One of the things I love about this business is when artists can become businesspeople, and businesspeople can become artists," the 46-year-old continued.

"You look at Herb Alpert, trumpet player, who starts A&M Records. You look at Jon Peters, a hairdresser, who [became a producer] and made some of the greatest movies in the world. Ron Howard, who was Opie, creates Imagine Films. There's a great tradition of that."

Founded in 1979 by brothers Bob and Harvey Weinstein, Miramax Films - who released acclaimed movies like Doubt, Kill Bill and Gangs Of New York - became part of Disney in 1993, where the Weinsteins headed it before leaving in 2005.

PA Media

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