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Warners Swallows New Line
 Warners Swallows New Line

Warners Swallows New Line

Studio falls in latest Hollywood cost-cutting move

(Newser) - New Line Cinema, the studio that created the Lord of the Rings blockbuster franchise, will be folded into the Warner Brothers unit of Time Warner, reports the Los Angeles Times. It's a cost-cutting move and part of a trend that has seen DreamWorks swallowed by Viacom, and Miramax downsized by...

Tom Cruise's United Artists Cutting Deal With Writers

Movie studio first to break ranks

(Newser) - United Artists, the independent production unit of MGM controlled by actor Tom Cruise, is expected to soon finalize a deal with striking Hollywood writers modeled on the one made by producers for talk-show host David Letterman, the Los Angeles Times reports. United Artists will likely grant some key demands of...

Things That Won't Shake The Media World in 2008

BusinessWeek columnist takes a stab at '08 predictions

(Newser) - Overloaded with prediction lists, Business Week polishes the crystal ball and looks ahead to see what won't happen in the media world  in 2008.
  1. The writers won't win the current strike
  2. DreamWorks isn't going to leave Paramount after all
  3. Apple won't reinvent TV viewing
  4. "Juno" won't win an Oscar
...

Jackson to Helm Hobbit
Jackson to Helm Hobbit

Jackson to Helm Hobbit

His Rings lawsuit resolved, Jackson embarks on prequel

(Newser) - Peter Jackson has resolved his lawsuit with New Line and plans to helm two much-hyped Hobbit films, the first due out in 2010, according to an Entertainment Weekly interview with MGM chief Harry Sloan. Jackson will co-write and may direct one or both films—unless he and New Line's Bob...

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