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November 1990
- In November 1990, New Line Cinema purchased a 52% stake in the television production company RHI Entertainment (now Halcyon Studios), which would later be sold to Hallmark Cards in 1994.
en.wikipedia.org/wiki/New_Line_Cinema
Factory licensed digital distribution and streaming rights to 189 titles from Halcyon Studios. [ 28 ] On April 23, 2024, its parent Chicken Soup for the Soul Entertainment announced a $636.6 million loss in 2023, and warned that without any options to generate additional financing, the company may be forced to liquidate or pause operations, and seek a potential Chapter 11 bankruptcy protection ...
In November 1990, New Line Cinema purchased a 52% stake in the television production company RHI Entertainment (now Halcyon Studios), which would later be sold to Hallmark Cards in 1994. In early 1991, Fine Line Features was set up as a wholly owned subsidiary headed by Ira Deutchman and released films including Jane Campion 's An Angel at My ...
Roll the credits on New Line Cinema, the 40-year-old studio behind such iconic movie franchises as “The Lord of the Rings,” “Austin Powers” and “A Nightmare on Elm Street.”
In 1996, New Line's parent company, Turner Broadcasting, was acquired by the media conglomerate Time Warner Inc. for over $7 billion. Time Warner quickly dissolved Turner's film unit, Turner Pictures, into its Warner Brothers studio. Next it announced that it was considering selling New Line Cinema.
On January 28, 1994, New Line Cinema was acquired by the Turner Broadcasting System, which then merged with Time Warner in 1996. New Line Cinema was kept as its own separate entity, while fellow Turner-owned studios Hanna-Barbera Productions and Castle Rock Entertainment eventually
New Line produced the Oscar-winning “The Lord of the Rings” film trilogy, which generated a combined worldwide box office of almost $3 billion, followed by a trilogy of films based on “The Hobbit,” which also generated nearly $3 billion in global receipts.
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Jan 30, 2014 · Warner Bros. Studios - H 2012. New Line Cinema will move onto the Warner Bros. lot in Burbank in June 2014, taking over offices formerly occupied by Legendary Entertainment.
