On February 28, 2008 Variety announced that "New Line's 40-year run as an independent studio ended Thursday when Time Warner said it would fold the company into Warner Bros."
Fast Facts:
- New Line Cinema was already a Time Warner owned company
- New Line will become a division of Warner Brothers with separate development, production, marketing, distribution and business affairs teams
- Warner intends to have New Line focus on making films in genres where it has been successful in the past
- New Line heads Bob Shaye and Michael Lynne will be leaving New Line
- New Line operated as an independent studio for 40 years
Warner buys New Line Blogs and Commentaries
Cinematical.com: "BREAKING: New Line Cinema Says Goodbye!" (February 28, 2008)
SlashFilm.com: "Breaking: Warner Bros absorbs New Line Cinema" (February 28, 2008)
Aintitcool.com: "Bob Shaye and Michael Lynne say good-bye to New Line Cinema" (February 28, 2008)
Google Blog Search: New Line Cinema
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