USINFO | 2013-11-29 18:22

Picturehouse is a specialty film production and distribution company formed in 2005 as a former joint venture of New Line Cinema and HBO Films, both divisions of Time Warner.

The company was formed from New Line and HBO's acquisition of the distribution arm of Newmarket Films, which was run by Bob Berney, who would remain the head of this new company. New Line's specialty division Fine Line Features was folded into Picturehouse. Its DVD releases were split between HBO Home Video and New Line Home Video.

After Time Warner's 2008 consolidation of New Line into Warner Bros., the Hollywood press believed that Picturehouse and Warner Independent Pictures would retire and merge. On May 8, 2008, however, it was announced that both of the specialty divisions would be shut down, costing 70 employees their jobs.

On January 15, 2013, it was announced that Picturehouse would be relaunched, after its founder Bob Berney acquired the logo and trademark from Warner Bros.

Their most famous release is Pan's Labyrinth, a dark fairy-tale released in 2006, which won 3 Oscars.

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