LOS ANGELES (Hollywood Reporter) - Time Warner Inc. began
laying off most of the employees at its New Line Cinema unit on
Monday, six weeks after deciding to bring the struggling studio
under the arm of its bigger Warner Bros. division.
Some 450 employees in New York and Los Angeles will lose
their jobs; about 40-50 staffers will remain at New Line in its
new life as a genre label. Another 40 New Line employees are
being offered positions elsewhere within Warner Bros.
The pink slips will continue Tuesday.
Under the corporate edict announced in February by Time
Warner CEO Jeff Bewkes, the revamped New Line will have a small
development and production team along with marketing, publicity
and business affairs executives.
Warner Bros. will handle the distribution of movies,
beginning with the April 25 release of the comedy sequel
"Harold and Kumar Escape From Guantanamo Bay."
Toby Emmerich, who had headed production at the old New
Line, was named president and chief operating officer of the
new New Line last month.
After making a mint with the three "Lord of the Rings"
films, New Line has struggled for the past two years. Recent
domestic disappointments included "Semi-Pro" and "The Golden