Bill Block is out as CEO of Miramax.The executive and film producer was hired in 2017.
Block’s contract expired this week and was not renewed, sources said.
He’s been rumored to be out for months.
A representative for Miramax had no immediate comment on the matter.Insiders said new leadership was necessary at Miramax given that Paramount Global, which owns a 49% stake in Miramax, is grappling with a volatile marketplace.
Insiders believe the unit behind films like “Pulp Fiction,” “Sex, Lies, and Videotape” and “Shakespeare in Love” should be mining its own intellectual property for new projects, not acquiring finished films or snapping up distribution rights.
Block is not the person to take them in that direction, as evidenced by his canning.Miramax was founded in 1979 by disgraced mogul Harvey Weinstein and his brother Bob.
It became a transcendent brand and gatekeeper of independent films.
Block was the…
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