New Line Cinema
New Line Cinema | |
Company type | Subsidiary |
Industry | Film production Television production |
Founded | June 18, 1967New York City, United States | in
Founder | Robert Shaye |
Fate | Absorbed into Warner Bros. Pictures; currently active as a unit of the latter |
Successor | Warner Bros. Pictures |
Headquarters | 4000 Warner Blvd, , |
Key people |
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Parent |
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Divisions |
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Website | www |
Footnotes / references [1][2][3][4] |
New Line Productions, Inc.,[1] doing business as New Line Cinema, is an American film and television production studio owned by Warner Bros. Discovery (WBD). Since 2008, it has been operating as a unit of Warner Bros. Pictures.
It was founded in 1967 by Robert Shaye as an independent film distribution company; later becoming a film studio after acquired by Turner Broadcasting System in 1994; Turner later merged with Time Warner Entertainment (later known as WarnerMedia from 2018 to 2022, and Warner Bros. Discovery since 2022) in 1996, and New Line was merged with Warner Bros. Pictures in 2008.[5] The studio has been nicknamed "The House that Freddy Built" due to the success of the Nightmare on Elm Street film series.[6] However, their most successful property was their film adaptation of The Lord of the Rings trilogy by J. R. R. Tolkien with considerable commercial success and numerous Academy Awards.
History
New Line Cinema was established in 1967 by the then 27-year-old Robert Shaye as a film distribution company, supplying foreign and art films for college campuses in the United States. Shaye operated New Line Cinema's offices out of his apartment at 14th Street and Second Avenue in New York City. One of the company's early successes was its distribution of the 1936 anti-cannabis propaganda film Reefer Madness, which became a cult hit on American college campuses in the early 1970s. New Line also released many classic foreign-language films, like Stay As You Are, Immoral Tales and Get Out Your Handkerchiefs (which became the first New Line film to win an Oscar).[7] The studio has also released many of the films of John Waters.
In 1976, New Line Cinema secured funding to produce its first full-length feature, Stunts (1977), directed by Mark L. Lester. Although not considered a critical success, the film performed well commercially on the international market and on television.[8]
In 1980, Shaye's law school classmate Michael Lynne became outside counsel and adviser to the company and renegotiated its debt.[7][9]
In 1983, Bryanston Distributing Company, the company that first distributed the original The Texas Chain Saw Massacre, lost the rights to that film, and the rights reverted to the original owners. New Line Cinema bought the rights and re-released the film to theatres that same year. It became very successful for the studio.[10]
New Line Cinema expanded its film production in the early 1980s, producing or co-producing films including Polyester, directed by John Waters, and Alone in the Dark. Polyester was one of the first films to introduce a novelty cinema experience named Odorama, where members of the audience were provided with a set of "scratch and sniff" cards to be scratched and sniffed at specific times during the film, which provided an additional sensory connection to the viewed image.[8] In 1983, Lynne joined the board.[7] In 1984, Dawn Altyn and Jeff Youngs joined New Line Cinema, respectively as sales manager, eastern and southern divisions of New Line Distribution, and national print controller of the studio, to distribute new projects.[11]
A Nightmare on Elm Street
A Nightmare on Elm Street was produced and released by New Line Cinema in 1984. The resulting franchise was New Line Cinema's first commercially successful series, leading the company to be nicknamed "The House that Freddy Built".[6] The film was made on a budget of $1.8 million and grossed over $57 million.[12] A year later, A Nightmare on Elm Street 2: Freddy's Revenge was released, and grossed $3.3 million in its first three days of release and over $30 million at the US box office. In 1986, the company went public, and held 1,613,000 shares of common stock.[7][13]
With the success of the Elm Street franchise, New Line Cinema made moves to expand their business. This included a revamping of their distribution network,[14] the sale of their films into broadcast syndication and pay-TV (via Embassy Communications and Universal Pay Television, respectively),[15][16] and the creation of an international distribution arm.[17]
The third film in the series, A Nightmare on Elm Street 3: Dream Warriors, was released in 1987, the studio's first national release,[18] and opened at number one, grossing $8.9 million for the weekend, a record for an independent film at the time,[19] and went on to gross almost $45 million at the US box office. A further six films have been made. The first six grossed $500 million worldwide[12] and the next three $250 million, for a total of $750 million.
Teenage Mutant Ninja Turtles
In 1990, Lynne became president and chief operating officer, with Shaye as chairman and chief executive officer.[7] The same year, New Line Cinema released Teenage Mutant Ninja Turtles which became the highest-grossing independent film of all-time with a gross of $135 million in the United States and Canada, until it was surpassed by The Blair Witch Project (1999).[20][21][22] It was followed by a sequel, Teenage Mutant Ninja Turtles II: The Secret of the Ooze (1991) which was the second highest-grossing[23] with a gross of $78 million in the United States and Canada.[24] A third, Teenage Mutant Ninja Turtles III followed in 1993.
Expansion
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 Table and Gus van Sant's My Own Private Idaho.[25] Halfway through the year, Carolco Pictures, entered into a joint venture with New Line Cinema to start Seven Arts, a distribution company which primarily released much of Carolco's low-budget output.[26] In 1997, Shine received the studio's first nomination for the Academy Award for Best Picture[7] and their second film to win an Academy Award with Geoffrey Rush's win for Academy Award for Best Actor.[27]
In May 1991, New Line Cinema purchased the home video and foreign rights to 600 films held by Sultan Entertainment Holdings (a.k.a. Nelson Entertainment). The deal also included an 11-film distribution deal with Castle Rock Entertainment. On November 27, 1991, New Line Cinema purchased Sultan outright.[28][29]
In 1992, Michael De Luca became executive vice-president and chief executive officer of the production unit.[30]
Acquisition by Turner and Time Warner
On January 28, 1994, New Line Cinema was acquired by the Turner Broadcasting System for $500 million,[31][32] which later merged with Time Warner Entertainment 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 became units of Warner Bros.
During its time as an entity separate from Warner Bros., New Line Cinema continued to operate several divisions, including theatrical distribution, marketing and home video.
The company's fortunes took a downturn in 1996 after losses on The Island of Dr. Moreau and The Long Kiss Goodnight.[9]
The Lord of the Rings
New Line Cinema produced The Lord of the Rings film trilogy which became their most successful films to date, grossing over $2.9 billion worldwide.[7] The films were nominated for 30 Academy Awards, including nominations for the Academy Award for Best Picture for each film, and won 17, with the final picture, The Lord of the Rings: The Return of the King (2003) winning a (joint) record eleven, including Best Picture,[7][33] as well as being the second highest-grossing film of all time at the time of its release.[34]
Despite the success of The Lord of the Rings films, Town and Country (2001) generated a loss of $100 million and De Luca left as production head to be replaced by Toby Emmerich.[9] In 2001, Shaye and Lynne became co-chairmen and co-CEO.[7]
The studio was also a partner in founding a new distribution company named Picturehouse in 2005. Specializing in independent film, Picturehouse was formed by Bob Berney, who left distributor Newmarket Films, New Line Cinema, who folded their Fine Line division into Picturehouse, and HBO Films, a division of HBO and a subsidiary of Time Warner, who was interested in getting into the theatrical film business.
Merger with Warner Bros.
On February 28, 2008, Time Warner's CEO at the time, Jeffrey Bewkes, announced that New Line Cinema would be shut down as a separately operated studio. Shaye and Lynne said that they would step down with a letter to their employees. They promised, however, along with Time Warner and Jeffery Bewkes, that the company would continue to operate its financing, producing, marketing and distributing operations of its own films, but would do so as a part of Warner Bros. and be a smaller studio, releasing a smaller number of films than in past years.[2] The box office disappointment of The Golden Compass (2007) was largely blamed for the decision, in which New Line Cinema spent $180 million on its development, yet it only grossed $70 million in the United States market.[35] In March, Emmerich became president and chief operating officer, whilst both founders Robert Shaye and Michael Lynne had left the company.
On May 8, 2008, it was announced that Picturehouse would shut down in the fall.[36] Berney later bought the Picturehouse trademarks from Warner Bros. and relaunched the company in 2013.[37]
New Line Cinema moved from its long-time headquarters on Robertson Boulevard in Los Angeles in June 2014 to Warner Bros.' lot Building 76, formerly used by Legendary Entertainment, a former Warner Bros. film co-financier.[38] The last film released by New Line Cinema as a free-standing company was the Will Ferrell film Semi-Pro.
Since 2016, New Line Cinema had been producing its own television series (New Line Television had been folded into Warner Bros. Television in 2008).
As for the company's future, Alan Horn, the Warner Bros. president at the time of the consolidation, stated, "There's no budget number required. They'll be doing about six per year, though the number may go from four to seven; it's not going to be 10." As to content, "New Line will not just be doing genre [...] There's no mandate to make a particular kind of movie."[39]
Films
Film series
Title | Release date | No. Films | Notes |
---|---|---|---|
Evil Dead | 1981–2023 | 2 | Co-production with Warner Bros. |
A Nightmare on Elm Street | 1984–2010 | 9 | |
Critters | 1986–92 (2019) | 4 (5) | |
House Party | 1990–present | 6 | |
Teenage Mutant Ninja Turtles | 1990–93 | 3 | Co-production with 20th Century Fox (1991–93) |
The Texas Chainsaw Massacre | 1990–2006 | ||
Friday the 13th | 1993–2009 | 4 | |
Dumb and Dumber | 1994–2003 (14) | 2 (3) | Co-production with Universal Pictures (2014) |
The Mask | 1994–2005 | 2 | Co-production with Dark Horse Entertainment |
Friday | 1995–2002 | 3 | |
Mortal Kombat | 1995–present | ||
Austin Powers | 1997–2002 | ||
Blade | 1998–2004 | Co-production with Marvel Entertainment | |
Rush Hour | 1998–2007 | ||
Final Destination | 2000–present | 5 | |
The Cell | 2000–09 | 2 | |
The Lord of the Rings | 2001–03 | 3 | |
Harold & Kumar | 2004–11 | ||
Sex and the City | 2008–10 | 2 | co-production with Warner Bros. Pictures and HBO Films |
Horrible Bosses | 2011–14 | co-production with Warner Bros. Pictures | |
The Hobbit | 2012–14 | 3 | co-production with Warner Bros. Pictures and Metro-Goldwyn-Mayer |
The Conjuring Universe | 2013–present | 8 | co-production with Warner Bros. Pictures |
Rocky | 2015–18 | 2 | co-production with Warner Bros. Pictures and Metro-Goldwyn-Mayer |
It | 2017–19 | ||
Shazam! | 2019–23 | 3 | Co-production with DC Studios Part of the DC Extended Universe |
Highest-grossing films
Rank | Title | Year | Worldwide gross | Notes |
---|---|---|---|---|
1 | The Lord of the Rings: The Return of the King* | 2003 | $1,142,456,987 | |
2 | The Hobbit: An Unexpected Journey | 2012 | $1,017,003,568 | Distributed by Warner Bros. Pictures; co-production with Metro-Goldwyn-Mayer Pictures |
3 | The Hobbit: The Desolation of Smaug | 2013 | $958,366,855 | |
4 | The Hobbit: The Battle of the Five Armies | 2014 | $956,019,788 | |
5 | The Lord of the Rings: The Two Towers* | 2002 | $943,396,133 | |
6 | The Lord of the Rings: The Fellowship of the Ring* | 2001 | $888,159,092 | |
7 | It | 2017 | $701,796,444 | Distributed by Warner Bros. Pictures; co-production with Vertigo Entertainment, Lin Pictures and KatzSmith Productions |
8 | San Andreas | 2015 | $473,990,832 | Distributed by Warner Bros. Pictures; co-production with Village Roadshow Pictures |
9 | It Chapter Two | 2019 | $473,093,228 | Distributed by Warner Bros. Pictures; co-production with Double Dream, Vertigo Entertainment, and Rideback |
10 | Sex and the City | 2008 | $418,765,321 | Distributed by Warner Bros. Pictures; co-production with HBO Films |
11 | Shazam! | 2019 | $365,971,656 | Distributed by Warner Bros. Pictures; co-production with DC Films |
12 | The Nun | 2018 | $365,550,119 | Distributed by Warner Bros. Pictures; co-production with Atomic Monster and The Safran Company |
13 | The Mask | 1994 | $351,583,407 | |
14 | Rush Hour 2 | 2001 | $347,325,802 | |
15 | The Conjuring 2 | 2016 | $321,788,219 | |
16 | The Conjuring | 2013 | $319,494,638 | Distributed by Warner Bros. Pictures |
17 | Austin Powers: The Spy Who Shagged Me | 1999 | $312,016,928 | |
18 | Annabelle: Creation | 2017 | $306,515,884 | Distributed by Warner Bros. Pictures |
19 | Austin Powers in Goldmember | 2002 | $296,938,801 | |
20 | Wedding Crashers | 2005 | $288,467,645 | |
16 | We're the Millers | 2013 | $269,994,119 | Distributed by Warner Bros. Pictures |
18 | Rush Hour 3 | 2007 | $258,097,122 | |
19 | Annabelle | 2014 | $257,579,282 | Distributed by Warner Bros. Pictures |
20 | Dumb and Dumber | 1994 | $247,275,374 | |
21 | Rush Hour | 1998 | $244,386,864 | |
22 | Annabelle Comes Home | 2019 | $231,252,591 | Distributed by Warner Bros. Pictures |
23 | Elf | 2003 | $221,845,341 | |
24 | Teenage Mutant Ninja Turtles | 1990 | $201,965,915 | |
25 | Straight Outta Compton | 2015 | $201,634,991 | Distributed by Universal Pictures; co-production with Legendary Pictures |
*Includes theatrical reissue(s).
See also
References
- ^ a b "NEW LINE PRODUCTIONS, INC". OpenCorporates. Retrieved May 14, 2024.
- ^ a b Billington, Alex (February 28, 2008). "It's Official – New Line Cinema is Dead!". FirstShowing.net. Archived from the original on March 2, 2008.
- ^ "New Line Productions Inc - Company Profile and News - Bloomberg Markets". Bloomberg.com. Retrieved September 7, 2020.
- ^ "Warner Bros. Entertainment Executives". WarnerMedia. Archived from the original on July 14, 2018. Retrieved June 19, 2018.
- ^ "History of New Line Cinema, Inc. – FundingUniverse". Fundinguniverse.com. Archived from the original on March 4, 2012. Retrieved January 17, 2016.
- ^ a b Kit, Borys (July 21, 2016). "How New Line Cinema Is Making a Killing in Horror". The Hollywood Reporter. Archived from the original on November 8, 2022. Retrieved November 7, 2022.
- ^ a b c d e f g h i Collins, Keith (August 22, 2004). "A brief history". Variety. Archived from the original on January 10, 2020. Retrieved January 10, 2020.
- ^ a b "New Line Cinema : About Us". Newline.com. Archived from the original on January 3, 2012. Retrieved August 23, 2011.
- ^ a b c Hafetz, David (August 22, 2004). "The Two Towers". Variety. Archived from the original on January 10, 2020. Retrieved January 10, 2020.
- ^ Bozman, Ron (Production manager) (2008). The Business of Chain Saw: Interview with Ron Bozman from The Texas Chain Saw Massacre (DVD). Dark Sky Films. Event occurs at 0:11:40–0:16:25.
- ^ "Name Altyn, Youngs to New Line Posts". Variety. February 8, 1984. p. 24.
- ^ a b Mitchell, Chris (August 10, 1992). "Shrewd marketing fuels Freddy promotion". Variety. p. 36.
- ^ "New Line Going Public". Variety. July 23, 1986. p. 4.
- ^ Greenberg, James (April 9, 1986). "New Line Details Next 4 Prods; Plans Up To 12 Releases A Year". Variety. p. 4.
- ^ "New Line Cinema Movie Package Fortifies Embassy Communications". Variety. July 30, 1986. p. 41.
- ^ "New Line, Universal Pay TV Sign Cable Deal For Theatrical Pics". Variety. June 10, 1987. p. 46.
- ^ "New Line Finds Better Results By Pushing Product Ahead of Mifed". Variety. October 21, 1987. pp. 18, 504.
- ^ Silverman, Michael (May 21, 1986). "New Line Adds 2 In-House Pics To Production Schedule For '87". Variety. p. 7.
- ^ "'Elm Street 3' Sets Indie B.O. Record; National Biz Lively". Variety. March 4, 1987. p. 3.
- ^ "Teenage Mutant Ninja Turtles (1990)". Box Office Mojo. Archived from the original on August 4, 2020. Retrieved January 10, 2020.
- ^ "'Teenage Mutant Ninja Turtles': Untold Story of the Movie "Every Studio in Hollywood" Rejected". The Hollywood Reporter. April 2, 2015. Archived from the original on June 21, 2020. Retrieved January 10, 2020.
- ^ "Undercover Indies: The Unlikely Origin Story of 1990's 'Teenage Mutant Ninja Turtles'". Film Independent. August 20, 2021. Archived from the original on February 21, 2022. Retrieved March 19, 2022.
- ^ "In Winners Circle". Daily Variety. August 17, 1993. p. I-49. Archived from the original on August 17, 2019. Retrieved January 10, 2020.
- ^ "Teenage Mutant Ninja Turtles II (1991)". Box Office Mojo. Archived from the original on November 12, 2018. Retrieved January 10, 2020.
- ^ Eller, Claudia (October 24, 1991). "Fine Line Features Enters Coprod'n Arena Via 2 Pix". Daily Variety. p. 1.
- ^ "Carolco, New Line in Distribution Agreement". Los Angeles Times. July 19, 1990. Archived from the original on February 2, 2017. Retrieved April 17, 2020.
- ^ "The Line on Laurels". Variety. August 23, 2004. pp. 40–41.
- ^ "Nightmares, Turtles And Profits". Businessweek.com. September 29, 1991. Archived from the original on April 9, 2014. Retrieved January 17, 2016.
- ^ "COMPANY CONFORMED NAME: TURNER BROADCASTING SYSTEM INC" (TXT). Sec.gov. Archived from the original on July 10, 2017. Retrieved January 17, 2016.
- ^ "Shifts At New Line". Variety. October 26, 1992. p. 6.
- ^ "New Line to Join Ted Turner Empire Today : Film: With more money, the company is likely to add a few big movies to its annual production schedule". Los Angeles Times. January 28, 1994. Archived from the original on May 31, 2017. Retrieved August 3, 2020.
- ^ "Robert Shaye". Daily Variety (61st anniversary ed.). January 12, 1995. p. 28.
- ^ "The 76th Academy Awards (2004) Nominees and Winners". oscars.org. Archived from the original on September 29, 2012. Retrieved November 20, 2011.
- ^ "All Time Worldwide Box Office". Box Office Mojo. Archived from the original on June 5, 2004.
- ^ "Dial 'D' for disaster: The fall of New Line Cinema". The Independent. London. April 16, 2008. Archived from the original on June 18, 2022.
- ^ Hayes, Dade; McNary, Dave (May 8, 2008). "Picturehouse, WIP to close shop". Variety. Archived from the original on July 14, 2008. Retrieved April 17, 2020.
- ^ Fleming, Mike (January 15, 2013). "The Berneys are Back with Picturehouse, and Now They've got Metallica". Deadline Hollywood. Archived from the original on March 18, 2013. Retrieved January 15, 2013.
- ^ McNary, Dave (January 30, 2014). "New Line Leaving Longtime Los Angeles HQ, Moving to Burbank". Variety. Archived from the original on December 24, 2014. Retrieved October 30, 2014.
- ^ McNary, Dave (June 27, 2008). "New Line still has irons in fire". Variety.
External links
- New Line Cinema on Twitter
- New Line 40th Anniversary interview with Michael Lynne and Robert Shaye on Charlie Rose
- New Line Cinema — Special Projects
- New Line Cinema
- 1967 establishments in New York City
- 1994 mergers and acquisitions
- 1996 mergers and acquisitions
- 2008 mergers and acquisitions
- American companies established in 1967
- American independent film studios
- Companies based in Burbank, California
- Companies based in Los Angeles
- Entertainment companies based in California
- Film distributors of the United States
- Film production companies of the United States
- Mass media companies established in 1967
- Warner Bros. divisions
- Television production companies of the United States