Yahoo! Maktoob reports that according to AFP, Walt Disney Company has sold its Miramax Films subsidiary to an investment group including Qatar Holding LLC, it was announced Friday. Filmyard Holdings LCC, whose partners also include Thomas J. Barrack Jr., Colony Capital LLC and Ronald Tutor, paid 663 million dollars for the film company, it said in a statement. The sale includes the rights to 700 films including Oscar-winners "Chicago," "Shakespeare in Love" and "No Country for Old Men," as well as non-film assets and the "Miramax" name.

The Peninsula reports that around 200 bigwigs in the international film industry have confirmed their attendance at the Financial Times Business of Film Summit "Rethinking Strategies in an Evolving Landscape" which will be held in Doha on March 22 and 23. The two-day summit will explore the funding and commercial opportunities that exist within the global film industry in today's tough market conditions.