Richard Gladstein, Miramax’s exec VP of production, is leaving the brothers Weinstein – sort of. The exec is ankling Miramax to start FilmColony, a production company that will start life with a three-year exclusive production deal with his old outfit.

Gladstein, who joined Miramax two years ago after exec producing Quentin Tarantino’s “Reservoir Dogs,” will maintain his ties to the filmmaker as well, exec producing and supervising films with producer Lawrence Bender and Tarantino’s A Band Apart Prods. He’ll also develop and produce other projects for Miramax.

The deal represents a compromise solution to Gladstein’s growing desire to strike out on his own, and Miramax’s interest in keeping the man who has supervised some of the company’s biggest hits. Gladstein is considered to be particularly valuable in the industry because of his ties to Tarantino: With the Gladstein deal, Miramax ensures the continuation of its lucrative relationship with Tarantino and Bender.

Tarantino released a statement Thursday saying, “Richard has always had the mentality of a producer and it’s great he’s on his own, especially as he’ll still be involved in producing my films at Miramax.”

Gladstein exec produced “Reservoir Dogs” while he was an exec at Live Entertainment and did “Pulp Fiction” after joining Miramax. He’s currently exec producing A Band Apart’s “From Dusk Till Dawn,” scripted by Tarantino and helmed by Robert Rodriguez.

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