Summary Box: Disney selling Miramax for $660M

By The Associated Press

SOLD: The Walt Disney Co. is selling Miramax Films to a group of investors for $660 million, marking a new phase for a studio that helped launch the career of Quentin Tarantino and push independent movies into the mainstream.

MIRIAM AND MAX: The deal announced Friday means founders Bob and Harvey Weinstein won't be getting back the studio named after their parents, Miriam and Max. The Weinsteins, who left Miramax and Disney years ago, had made their own unsuccessful bid.

AND THE OSCAR GOES TO: The studio comes with a large catalog of Oscar winners, including "Shakespeare in Love" (1998), "Chicago" (2002) and "No Country for Old Men" (2007).