Film News: Company ends 40-year run as indie studio -- New Line’s 40-year run as an independent studio ended Thursday when Time Warner said it would fold the company into Warner Bros.

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Darn :(

I'm sure losing their butts on The Golden Compass didn't help.

Daaaamn. I'll miss them as an independent entity.

That is a damn shame.

Especially when I remember Peter Jackson telling that story of when he pitched Robert Shaye on the LOTR trilogy.