Introduction

Industry: Film&TV Production/Distribution 

Business Scope:  

New Line Cinema celebrated its 40th anniversary in 2007. Founded by Co-Chairman and Co-CEO Bob Shaye, New Line began as a small distribution company in New York City. Shaye still runs New Line, along with Co-Chairman and Co-CEO Michael Lynne.

Over the past 40 years, New Line has expanded to become a multi-media company with various profitable divisions, having created some of the most successful film franchises in history. Its most popular films include A Nightmare on Elm Street, The Mask, Austin Powers, Blade, Rush Hour, Elf and Wedding Crashers. The studio's The Lord of the Rings trilogy grossed nearly $3 billion at the worldwide box office, and over $3 billion in consumer spending in home entertainment and merchandising.

In 2006, New Line earned over $1 billion in revenue, and its divisions in licensing and merchandising, music, international, television and home entertainment performed solidly.