Movie News

R.I.P. New Line Cinema

newline.jpgThe studio that brought us Glengarry Glen Ross, Seven, the Blade Trilogy, The Lord of the Rings Trilogy, The Nightmare on Elm Street films will be disbanded, dismembered and absorbed into its big brother, Warner Bros. The two heads of New Line Cinema, Bob Shaye and Michael Lynne will be losing their jobs as will most of New Line’s 600 employees. New Line will now become a genre arm of Warner Bros. with Warner taking control of all of New Line’s distribution duties. Poor decisions regarding the Rush Hour and Rings trilogy along with a “stagnant stock” price precipitated this consolidation by Jeff Bewkes, president and CEO of Time Warner Inc.

I wonder how this will affect the Tolkien Trust’s lawsuit against New Line? Peter Jackson and Saul Zaentz must be sitting back with big smiles on their faces. The longer the delays, the better chance Jackson has of getting free production time to direct The Hobbit.

In commemoration of this occasion, the famous speech from Glenngarry Glen Ross.

You need to a flashplayer enabled browser to view this YouTube video

Source: Variety, YouTube

Related Articles:


About the author

Rollo Tomasi

A Political Science and MBA grad who started FilmBook during an eCommerce B-School course in 2008. Cinema and TV addict. Former writer at Empire Movies, Blogcritics, and Alternative Film Guide. In addition to writing for FilmBook, he also edits the copy published on the website, manages its writing staff, manages the back-end operations, site finances, its social network accounts, and works with publicists, actors, and companies on press coverage and promotions. He has also created and Trending

Send this to a friend