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Picturehouse to split from HBO, align fully with New Line

Picturehouse will split from parent company HBO and move over to the New Line stable within months, sources close to the move said today [Jan 9].Spokespeople from all three companies declined to comment, however it is understood the move stems from the poor theatrical box office performance of HBO Films funnelled through Picturehouse.Another factor is believed to be the change of corporate culture at HBO following the departure of former chairman and CEO Chris Albrecht. ...

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