http://www.firstshowing.net/2008/02/28/its-official-new-line-cinema-is-dead/

New Line is dead and has been absorbed by Warner Brothers

QuoteNew Line Cinema will now be operated by Warner Brothers, but will maintain separate development, production, marketing, distribution and business affairs operations. It will closely integrate and coordinate all of those functions with Warner Brothers in order to maximize the performance of their films and operating efficiencies. New Line Cinema was founded 41 years ago by Bob Shaye and Michael Lynne as an independent studio under Time Warner. Orion Pictures lasted 19 years before it kicked the bucket and United Artists lasted 86 years.

This is actually probably a great day for Warner Brothers, because theyll be picking up a number of New Lines 2008 movies that were already on their way to hitting big - specifically Harold & Kumar Escape from Guantanamo Bay and Sex and the City: The Movie at least. New Lines other 2008 movies include the upcoming Semi-Pro, Kit Kittredge: An American Girl, Journey to the Center of the Earth 3D, The Time Travelers Wife, and Four Christmases.

Now we had the talks about the Tolken Estate not being paid and before that Peter Jackson and co not being paid what they were due
http://www.tekforums.co.uk/posts/list/11346.page#111986

What gets me is the amount of money they made just from that series of movies and they since they were not paying people from almost day one anyway and the fact they could not do that bad with other movies - Where has all that money gone and went to to have all these issues?
Something dodgy there if you ask me