New Line Cinema calls it quits

Following disappointing box office on their recent films, New Line Cinema has announced it will be no longer exist as a seperate entity but will instead operate in a 'much smaller' capacity as a unit of Warner Brothers. Chairmen Bob Shaye and Michael Lynne will be stepping down from their roles

From Pink Flamingos to A Nightmare on Elm Street and the Lord of the Rings trilogy, New Line has been responsible for some of the most memorable cinema of the last 30 years , however they have struggled with their recent release slate and their attempt to move into blockbuster territory (Rings notwithstanding...). Many people have been speculating that the studio was in serious trouble following the failure of The Golden Compass last year and it appears this is the end result.


Source: Cinematical