As I predicted earlier in the month, Time Warner had lost patience with New Line Cinema?and today the company acted by announcing it was to be swallowed up by Warner Bros.
The writing was on the wall when The Tolkien Trust went to court over alleged funds owed from The Lord Of The Rings movies, the latest in a long line of claims surrounding the LOTR movies. This one though, by a respected charity organisation was the last straw.
Both Bob Shaye and Michael Lynne who headed New Line through a rough couple of years are in talks about there futures but I’m guessing it doesn’t look too rosy for the pair.
Source: Variety.com
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