Peace officially has broken out between Weinstein and Greenstein.
Miramax Films co-chairmen Bob and Harvey Weinstein and former Miramax senior vice president Scott Greenstein issued a joint statement May 19 declaring that they had “settled their differences amicably.”
The statement said: “Greenstein (expresses) his regrets to Harvey and Bob Weinstein and Miramax for any statements made by him in the period shortly after his departure from the company.”
According to the two parties, their “differences” arose when Greenstein left Miramax last summer and “concerned the confidentiality and ‘no raid’ provisions of (his) employment agreement with Miramax.”
Greenstein quit Miramax, where he worked as senior vice president, motion pictures, music, new media and publishing for four years, to become co-president and a partner in October Films.
The unfriendly rivalry that ensued between Miramax and October often turned bitter, with both sides taking jabs at each other.
Ironically, both distribs are attending Cannes this year with a strong showing. Miramax has two films in competition, Roberto Benigni’s “Life is Beautiful,” and Todd Haynes’ “Velvet Goldmine,” which Miramax co-produced with UK’s Zenith, Channel 4, Newmarket Capital Group and Goldwyn Films.
October also has two films in competition: Lars Von Trier’s “The Idiots,” and Thomas Vinterberg’s “The Celebration.”
Miramax was repped by law firm Gold, Farrell and Marks. Attorney Bert Fields negotiated for Greenstein.