Disney says brand continues despite closure of Miramax offices

MUMBAI: Despite a few offices of Miramax closed down this week, owner Walt Disney Co. said that the brand will continue to exist.

A Miramax employee sent out an e-mail in the week saying Miramax offices will be closed as of Friday. The e-mail directed all inquiries for upcoming Miramax projects to a Disney employee.

The offices‘ closure was in line with plans announced in October to slash Miramax‘s movie production to three per year, down from six to eight, and eliminate 50 jobs in New York and Los Angeles.

Some 20 employees who were still aboard, mostly at the New York headquarters were asked to move to Disney‘s headquarters in Burbank.

Disney confirmed that it has six Miramax films to be distributed till 2011 that includes The Baster and The Debt set to release soon.