Report: Miramax Sold to Group Not Including Rob Lowe

Guess what has two thumbs and doesn't have to watch Rob Lowe "Proud Mary" Oscar Hell 100 times consecutively? This guy. That's because Disney has reportedly agreed to terms to sell Miramax Films and its library to a team led by billionaire construction mogul Ronald Tutor. This would finally stall out the rumor mill that's worked overtime since Disney put the mini-major on the block, flirting with everyone from Harvey Weinstein to (allegedly) Rob Lowe. And you can't beat the price!

TheWrap reports that for the low, low cost of $675 million, Tutor and his partners at Morgan Creek, Colony Capital and David Bergstein (yes that David Bergstein) will take the Miramax name and the 700-film library that comes along with it. Tutor will occupy a "lead management position" while Bergstein will fulfill a more advisory capacity; Colony entertainment chief (and former Disney CFO) Richard Nanula entered the negotiations not long ago, helping bring the sides together and no doubt sending Harvey Weinstein on the warpath. Surprise.

Anyway, this is not official, so don't go relinquishing your Rob Lowe studio-mogul dreams just yet. There is still time! Not really. But still.

· EXCLUSIVE: Disney Agrees to Sell Miramax to Tutor for $675M [TheWrap]