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NY Times: Miramax Still Nabs Awards

Dec. 6, 2007 -- Two years after its founders made a noisy exit, a downsized Miramax remains capable of coralling film awards, notes the New York Times. Yesterday, the National Board of Review named Miramax's No Country for Old Men best picture, and its The Diving Bell and the Butterfly was selected best foreign film. Miramax, a unit of Walt Disney, also garnered NBR kudos for Gone Baby Gone. Miramax has a $300 million budget and 100 employees, which is downsized from when the founding brothers Harvey and Bob Weinstein left in a dispute over scale and pay. “We have a limited number of slots, we make careful choices, and I’m responsible for keeping a lid on things,” current Miramax chief Daniel Battsek tells New York Times reporter David Carr.

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www.nytimes.com/2007/12/06/movies/awardsseason/06mira.html

Violent and edgy No Country For Old Men generated a healthy $23 million in domestic box office in its first 24 days of release. Oscar kudos would trigger a BO spike.