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Warners Swallows New Line

Studio falls in latest Hollywood cost-cutting move

By Peter Fearon,  Newser Staff

Posted Feb 29, 2008 3:06 AM CST

(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...   Read full story »

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