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Warner Bros. Closes 2 Indie Divisions

Shakeup was expected; 70 jobs will be cut

By Katherine Thompson,  Newser Staff

Posted May 9, 2008 12:30 PM CDT

(Newser) – Warner Bros. announced yesterday that it is closing both its indie arms, Warner Independent Pictures and Picturehouse. Speculation had the studio merging the indie and art-house divisions, but the studio opted for even more cost-cutting, the LA Times reports. More than 70 employees will lose...   Read full story »

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