Harvey Weinstein - Further Development of Miramax

Further Development of Miramax

The Weinsteins slowly built upon this success throughout the 1980s with arthouse films that achieved critical attention and modest commercial success. Harvey Weinstein and Miramax gained wider attention in 1988 with the release of Errol Morris's documentary The Thin Blue Line which detailed the struggle of Randall Adams, a wrongfully convicted inmate sentenced to death row. The publicity that soon surrounded the case resulted in the release of Adams and nationwide publicity for Miramax. In 1989, their successful launch release of Steven Soderbergh's Sex, Lies, and Videotape propelled Miramax to become the most successful independent studio in America.

Also in 1989, Miramax released two art-house films, The Cook, the Thief, His Wife & Her Lover and director Pedro Almodóvar's film Tie Me Up! Tie Me Down!, both of which the MPAA rating board gave an X-rating, effectively stopping nationwide release for these films. Weinstein sued the MPAA over their rating system. Although his lawsuit was later thrown out, the MPAA agreed to introduce the new NC-17 rating following this episode.

Miramax continued to grow its library of films and directors until, in 1993, after the success of The Crying Game, Disney offered the Weinsteins $80 million for ownership of Miramax. Agreeing to the deal that would cement their Hollywood clout and ensure that they would remain at the head of their company, Miramax followed the next year with their first blockbuster, Quentin Tarantino's Pulp Fiction and distributed the popular independent film Clerks.

Miramax won its first Best Picture Academy Award in 1996 with the victory of The English Patient (Pulp Fiction was nominated in 1994 but lost to Forrest Gump). This started a string of critical successes that included Shakespeare in Love and Good Will Hunting.