Bob and I know how to run a company and make movies profitably.

I think I took my eye off the ball. From about 2005, 2006, 2007, I was out of it. I thought I could oversee movies and have it done for me, so to speak.

We didn't care if we were well-liked as long as the movies were good. We served the movie - that was our master at Miramax. In our second incarnation, the movie is still the master but we're getting the same results in more subtle ways.

Last year, when 'Black Swan,' 'True Grit' and 'King's Speech' all grossed over $100 million, it gave studios and independent financiers the confidence to make daring movies and not do the same old you-know-what.

When we talk about Oscars, it's almost as a symbol of excellence, and the American public and the worldwide public accept that symbol. So, a movie like 'The Artist' that costs $14 million, has to go out and compete with movies that cost $140 million. How does David deal with Goliath?

The action comes as quite a surprise, to both us and the company.