Disney: Miramax Still Alive and Kicking… Sorta
The Associated Press is reporting that The Walt Disney Company affirms that the Miramax label will continue to exist and the films reported as being shelved will be distributed throughout theaters through 2011.
Disney says the most recent move was in line with the long term plans involving Miramax which include reducing the number of films produced per year to a maximum of three.
The article attributes an email sent from a [former?] Miramax employee, directing recipients to a specific Disney employee as the source of confusion.