Friday, May 9, 2008
Warner Independent and Picturehouse Shut Down
These are sad days for independent film. Warner Independent and Picturehouse, the studios that brought us movies like Pan's Labyrinth, The King of Kong, Rocket Science, The 11th Hour, A Scanner Darkly, and The Science of Sleep, have been shut down because of Warner Brothers' acquisition of New Line Cinemas.
Basically, the execs felt that the newly-acquired branch of New Line Cinema could handle the workload that Warner Independent and Picturehouse were dealing with, so they just got rid of them and dumped all of their duties into their New Line section. Synergy in its cruelest form. Hopefully this doesn't mean that independent films won't die out of this studio completely.