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Horn slashes both Picturehouse and Warner Independent

Picturehouse and Warner Independent Pictures (WIP) will both cease operations, it was announced today by Alan Horn, president & chief operating officer of Warner Bros. Instead of merging the two operations, which came under the same Warner Bros umbrella following New Line Cinema's absorption into the company recently, it has been decided to dispense with a standalone specialised distribution operation altogether.In future, say insiders, a small handful of specialised ...

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