1. View quote in context »
    But yesterday, Battsek sent word that he and Ross had decided it was time for him to go. "After further reflection and discussion about the change in direction for Miramax, Rich Ross and I have agreed that I will step down as President of Miramax, effective the end of January, 2010 ... With this decision, we have also agreed that the best chance of success for Miramax is for the company to be located in Los Angeles, and I will work with the group on a transition plan." As I wrote in my weekly column in early October, just after the first round of depressing Miramax news emerged from Disney, the “essential destruction of Miramax is sad, not only for the many people who will lose their jobs, but also because it marks the near demise of what was once an (indie) household name. Full Article at Indie Wire
    After further reflection and discussion about the change in direction for Miramax, Rich Ross and I have agreed that I will step down as President of Miramax, effective the end of January, 2010 ... With this decision, we have also agreed that the best chance of success for Miramax is for the company to be located in Los Angeles, and I will work with the group on a transition plan.
    SOURCE: Indie Wire 1 month ago