Robert Shaye will be missed, his work at New Line will certainly never be forgotten.

I agree, this is sad. I've been following the events of the New Line closure for a while now, and I'm sad that it's being scaled down and that Shaye is leaving. I hope he creates a new production company, that'd be great.

i swear to god im about to cry, newline is the reason i love horror movies.

This is certainly not good news...

Hope this doesn't affect the friday the 13th remake.

oh nooooooooooooo what about friday the 13th and nightmare remake???????

Emmerich could still be there. and that sucks!!!!! damn!!!!!!!! he hate horror.

this sucks.....good maybe they wont remake freddy and friday the thirteenth

they'll do. according to ryan rotten friday is pretty much on the track. we'll see jason soon!

Welcome to the "future of corporate run motion picture studios" [or "corporate owned entertainment companies"] .... where consolidation into ONE MAIN UNIT means we will be seeing less independent / special interest [and more pink slips - as in many lay offs] .... it's been going on in Hollywood for almost a decade [movie, television, music] and part of the blame is a lack of knowing what the consumers want [quit 2nd guessing genre fans, give us quality over quantity, it doesn't have to be a 100 million + costing cgi fest]!!! ~(^)~

I think we all feel the same. Most of the great horror movies over the years actually didn't cost that much to make - and had good returns in revenue. They are now trying to spend more on them to try to make more money back. But when more money is on the line they get scared to be original for fear of losing money so most of them turn into PG-13 kiddie romps. Make them great, original, scary, gory, and cheap like they used to and they will make money. It might not be 100 million but it's better than losing money like I'm sure they have been with most of the shit that been put out lately. Can we all agree on this?