'Shakespeare in Love' sequel in the works w/ Weinstein Company regaining rights to Miramax film catalog. Find out what other movies are coming out soon.

Back in 2005, Miramax founders Harvey and Bob Weinstein left the company to start their own newer venture, The Weinstein Company. Eight years later, the brothers have signed a new deal with their former production company that gives them the rights to the Miramax library of movies, thus leading to some interesting announcements. For one, a sequel to the Oscar-winning picture Shakespeare In Love is getting a sequel!

Deadline reports:

The Weinstein boys are back at Miramax. Colony Capital principal Tom Barrack Jr and The Weinstein Company co-chairmen Harvey and Bob Weinstein have set an alliance that will exploit the creative properties in the library that the brothers left behind when they exited Disney. The deal will span 20 years and multiple titles for films, TV series and live stage productions.

"Sure, we own the intellectual property in the library, and most of the intellectual properties in development, but we didn't have the art form. If I called Quentin Tarantino and said, I have a great idea how to do a Pulp Fiction TV series, chances are it would be a very short conversation," Barrack told the website. "The ability to take all these threads and sew them into a tapestry, is really the magic elixir. We've all decided it's time for a quantum leap and that's why we're all together."

"I personally have never made a sequel, but I will make Shakespeare In Love as one," Harvey Weinstein said. "I've always wanted to do that and now we have the impetus to."

Shakespeare In Love won seven Academy Awards.

Another film that will get a sequel out of this deal is Rounders.

"I've discussed making Rounders 2 with Matt Damon and I would say that's going to be instantaneous," Weinstein explained. "The guys [writers David Levien and Brian Koppelman] have a great idea, a way to make it more international where you start the card game in Paris, that's all I want to say. There might be a certain beautiful Parisian actress involved in it, and then we're off to the racetrack and Vegas with Matty and Edward Norton, and a new supervillain to replace John Malkovich."