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New Line Might Be In It's Last Days....

post #1 of 11
2/7/08 at 9:40pm
Thread Starter 
From IMDB:

Quote:












7 February 2008



In his first major conference with analysts since taking over as CEO of Time Warner in December, Jeffrey Bewkes indicated Wednesday that he is considering splitting off Time Warner Cable to shareholders, carving AOL into two parts -- and selling off one of the parts, and shutting down New Line Cinema. He said that he plans to separate "AOL's access and audiences business," presumably meaning that under his plan the AOL portal would become one entity and the units that develop content for it would become another. (The Wall Street Journal said that the plan represented "the first steps to reversing the largest merger in Internet history.") As for New Line, Bewkes said, "There's an obvious question about whether it still makes sense for us to have two completely separate studio infrastructures." (Time Warner inherited New Line at the time of its merger with Turner Broadcasting.) Bewkes's words were taken as the clearest indication yet that he now intends to merge New Line with the larger Warner Bros. operation. On Wednesday, L.A. Weekly columnist Nikki Finke, who first reported on the New Line move last month, said on her blog that the studio's co-chiefs, Bob Shaye and Michael Lynne, had recently proposed to Bewkes that they institute major cost-cutting moves at the studio in exchange for contract renewals. "But Bewkes isn't interested in that scenario," Finke wrote, without citing sources.
IMDB is not the greatest source,but I see no reason for them to fake something like this.

Wow,Shaye and Lynne basically turn New Line into a constant drain of money for Warner's,and then ask for a contract renewel. No wonder Bewkes is not interested.

So much for the House that Freddy Kruger built,Frodo rebuilt,and then Shaye ran into the ground again.
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post #2 of 11
2/7/08 at 9:51pm
Thread Starter 
Ooops.wrong forum.
Mods,please feel free to move.
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post #3 of 11
2/7/08 at 9:52pm
So The Hobbit and all would be under Warner Brothers directly?

Kinda the same, love the Shaye hate
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post #4 of 11
2/7/08 at 10:05pm
Am I going to have to re-buy the EEs with the Warner Bros. logo to stay consistent with THE HOBBIT? Phooey.
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post #5 of 11
2/7/08 at 10:07pm
Sort of off-topic: Does anyone else think that Lionsgate might become the new New Line sometime soon? The Saw films are rather comparable to the NOES series as far as brand name horror goes (not quality). Then again, I suppose Lionsgate owns the video rights to a lot more stuff then New Line ever did in the early days.
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post #6 of 11
3/7/08 at 12:54pm
Lionsgate always makes me go hmmm . . . So where are they going with this really?
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post #7 of 11
3/10/08 at 12:24pm
Quote:
Originally Posted by Gabe Powers View Post
Sort of off-topic: Does anyone else think that Lionsgate might become the new New Line sometime soon? The Saw films are rather comparable to the NOES series as far as brand name horror goes (not quality). Then again, I suppose Lionsgate owns the video rights to a lot more stuff then New Line ever did in the early days.
I hate the Saw movies, but the Nightmare series were all pretty much shit, too. Both have the same basic premise: recycle the exact same plot, but find new (and increasingly implausible) ways to murder people.

(The first Nightmare film is decent, but no great shakes. Craven's films all looked decidedly cheesy during the 1980s and often fell apart during the final act.)
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post #8 of 11
3/10/08 at 12:38pm
Lionsgate brought out some pretty good flicks up to about 3 to 5 years ago. Since they were re-branded and some other things, they've kinda fell apart.
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post #9 of 11
3/10/08 at 1:52pm
Quote:
Originally Posted by billylove View Post
Lionsgate brought out some pretty good flicks up to about 3 to 5 years ago. Since they were re-branded and some other things, they've kinda fell apart.
Lionsgate used to make some ballsy decisions, often taking movies other studios wouldn't touch (Dogma, House of a Thousand Corpses, American Psycho, etc.) They've been playing it safe for the last few years. Once they tasted credibility (of sorts) with Crash, there was probably a conscious decision to go Miramax ... become a big studio that still pretended it was the gutsy independent.
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post #10 of 11
3/10/08 at 1:57pm
Yeah, I wasn't sure what more happened to them except trying to become a bigger studio. Of course I never looked into it in detail since they did their image updates.
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post #11 of 11
3/12/08 at 3:50pm
The U.S. remake of Funny Games seems a lot like something Lionsgate would've released circa 2000.
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