Miramax. Dumping All Their Asian Licenses?

So, shop at Miramax? Buy some nice Asian films? Some company can... Spotted this over at kungfucinema.com a couple of days ago. Been thinking about it a bit : it's odd isn't it, to license all those wonderful films and not release them? Plenty of people kicked up a fuss over the handling of Hero - rightly so - and now it seems to mend it's finances, Miramax may offload all or the majority of it's stuff to someone else.

OK, so this could mean no release for all those Shaw Brothers films. Could be good new, bad news, or a mixture of the two. Miramax has also cut a load of its staff this year, so hopefully they're sorting their act out.