A roundup of today's other business news in brief

Walt Disney sells Miramax film studio

Walt Disney has sold film studio Miramax to an investor group for about $660 million (€507 million), ending months of talks between the media group and various bidders.

The sale of Miramax Films to a group including construction magnate Ron Tutor and investment firm Colony Capital includes rights in over 700 movie titles including Academy Award winners such as Chicago, Shakespeare in Loveand No Country for Old Men, Disney said.

Regulator extends waiver for Anglo

The Financial Regulator has provided a further extension to the waiver on capital rules for Anglo Irish Bank until August 30th in light of the Government’s continued support and commitment to provide capital to the bank.

The regulator has provided Anglo with extensions to derogations on capital rules since last year. The requirement for a further extension beyond the end of next month will be subject to a regulatory review at that time.

PM Group  chief executive

An item in yesterday’s edition stated that Dave Murphy had been appointed as chief executive of construction services company PM Group with immediate effect.

In fact, Pat McGrath will remain in the chief executive’s position until July 28th, 2011, at which point he will be succeeded by Mr Murphy, who has been appointed chief executive designate.

Mr McGrath will continue to work with PM after he steps down from his current role next summer.