BeIn Media Group is optimistic of agreeing a deal to buy Californian film studio Miramax, the Qatari firm’s deputy chief executive told Reuters on Wednesday.
“We are optimistic. I think you might hear something on this in the short-term,” Yousef al-Obaidly, deputy CEO of state-owned Bein Media Group, told Reuters on the sidelines of a company event in Doha.
Privately-held Miramax, which owns the rights to hundreds of Hollywood films including “Bridget Jones’ Diary” and “The English Patient,” was exploring a potential sale, sources told Reuters last July.
An investor group including state-owned Qatar Holding and Thomas J Barrack Jr’s investment firm Colony Capital bought the company from Disney in 2010 for $660 million.
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