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FeedRank: 4/10  4/10  Good  ---  www.indiewire.com
indieWIRE is the leading news, information, and social networking site for the international independent film community. ...

 

 
Thursday, May 08, 2008 --- 154 days ago
by Eric Kohn (May 8, 2008) The tragedy was in plain sight, but nobody thought it would hit this hard. As word spread today that Warner Bros . planned to close its specialty divisions Picturehouse and Warner Independent Pictures , shifting all projects currently in development to the larger studio and its recently absorbed subdivision New Line , a mournful tone took hold of the independent film industry. "It is a sad day when any film company, large or small, bites the dust," said President of THINKfilm Mark Urman . "One had heard and one had even considered that this was a possible scenario. It's still surprising when you see it in print." ...




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