from Endemol. On December 16, 2013, Miramax and TWC entered a 20-year joint-venture agreement to develop and produce films, television series, and stage shows. The deal would allow the Weinsteins to exploit the 700-film Miramax library. Sequels to Rounders and Shakespeare in Love were among the films being developed under this new deal, and series based on Good Will Hunting and Flirting with Disaster were being planned as well. Other developments included a Stephen Colbert-written film titled The Alibi, and an adaptation of Liz Jensen's novel The 9th Life of Louis Drax, that late filmmakers Anthony Minghella and Sydney Pollack intended to make. Miramax would put up the financing and handle international sales while the Weinstein Company would develop the projects and distribute the titles domestically. On May 7, 2014, the company entered into a five-year multi-picture financing agreement with Worldview Entertainment. However, Worldview financed only the period drama Tulip Fever due to financial difficulties as a result of the departure of CEO, Christopher Woodrow. In April 2015, the Weinstein Company was closing in on a deal to sell its television division to British network ITV for $950 million but the deal was grounded in May. That same year, the company announced that around 40–50 layoffs would occur due to the box office failure of the comedy-drama Burnt among other factors. Shortly after, TWC announced they would no longer release the normal 18 films per year; instead, the company would release 8–10 films per year, and would make fewer acquisitions at film festivals. On July 31, 2015, TWC COO and president David Glasser briefly left the company amid a string of company exits, but then in September, he rejoined the company and planned to stay as its COO and president until 2018. Harvey Weinstein also openly expressed interest in reacquiring Miramax and merging the film and television libraries of both companies when the latter went up for sale in July. On February 23, 2016, TWC decided to put its film library of 520 titles as well as a majority stake in its television division up for sale, and later signed investment banks Moelis & Company and Thomas Dey’s ACF Investment Bank to handle the television sale (which was resumed nine months after the failed talks with ITV) by looking for strategic investors. Meanwhile, in March, Miramax had been acquired by BeIN Media Group, but in a later July interview, however,