Miramax Offices Close, Brand Will Continue

Some offices of award-winning Miramax Films closed this week, but owner Walt Disney Co. says the brand will continue to exist.

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

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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 that remained, mostly at the New York headquarters, were asked to move to Disney's headquarters in Burbank.

Disney confirmed it has six Miramax films to be distributed through 2011, including "The Baster" and "The Debt" set for this fall.