According to The Hollywood Reporter and Deadline, Warner Bros. plans to reduce the yearly output of films from New Line Cinema from the originally mandated six to four. Both sites also say to expect personnel cuts in the coming weeks.
Three years ago, Warner Bros. brought New Line into its fold, trimming the release slate then from eight to six and cutting the staff from about 600 to 50. However, since then, while New Line managed to release eight films in 2008, the studio hasn’t really met the mark since — with only four in 2010 and five on track for 2011.
Not all is lost, though. The decision actually comes as a means of focusing the company on the bigger, tentpole-style films. These include director Peter Jackson’s two-part Lord of the Rings prequel The Hobbit, director Bryan Singer’s Jack the Giant Killer and the Tom Cruise and Russell Brand musical Rock of Ages.
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