Friday, February 29, 2008
New Line Cinema "Dead" at Age 41
New Line Cinema has bitten the big one. Ever since Lord of the Rings, the studio has been bombing nasty style left and right, and it's finally caught up to them. The huge failure of The Golden Compass and the recent legal troubles regarding the rightful payment to the heirs of Tolkien seem to have been the proverbial last straw.
So what's going to happen now? The studio (which has always been owned by Time Warner) will now be folded under the Warner Brothers label. This means it will go on making films, but at a severely decreased rate. Plus, the movies it makes will now be more genre-based than we would normally see from them. For right now, the studio still technically exists, although some analysts predict that as soon as all of the films that have already been produced by New Line hit theaters, Warner Brothers will get rid of them altogether and just acquire what remaining assets they have left.