A source at The Weinstein Company said talks of a merger with Miramax were unfounded but added that joint ventures could be on the table.
Reports appeared in the press on Friday  after Harvey Weinstein was spotted talking in St Tropez with Tom Barrack, head of Miramax owner Colony Capital.
However, well placed sources told ScreenDaily that while a merger was not on the cards, discussions were ongoing that could lead to corporate or content collaborations.
Barrack is understood to be eager to revive production at the storied studio launched in 1979 by Harvey and Bob Weinstein before the founders had to relinquish the company and the Miramax name in a bitter feud with former Disney head Michael Eisner.
Last week  it emerged that Weinstein had struck a deal with The Walt Disney Studios to adapt children’s book Artemis Fowl. Robert DeNiro and Jane Rosenthal will serve as executive producers.