NEW LINE EMPLOYEES LEARN THEIR FATE

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	NEW LINE BITES THE DUST Feb 29 2008
	New Line Cinema has reached the end of the line. Time Warner announced Thursday that (more)
	END OF THE LINE FOR NEW LINE? Feb 11 2008
	Time Warner executives are considering folding New Line into its Warner Bros. division or keeping (more)
	BEWKES TO SHAKE UP TIME WARNER Feb 7 2008
	In his first major conference with analysts since taking over as CEO of Time Warner (more)

NEW LINE EMPLOYEES LEARN THEIR FATE
Monday, March 3 2008

At least 75 percent of New Line's staff of 600 are likely to be fired in the coming months despite assurances by Time Warner chief Jeff Bewkes on Friday that he wants to retain as many New Line employees as possible, Daily Variety reported today (Monday), citing an "emerging consensus." The trade publication said that New Line is also expected to shut down its offices in New York and its headquarters in West Hollywood, moving remaining operations to the Warner Bros. lot in Burbank. Speaking to New Line employees by satellite on Friday, Bewkes said that Co-Chairmen Bob Shaye and Michael Lynn are "still here," but "for everyone's sake, they need to step back from the process."