Warners axes picturehouse, wip

By Borys Kit and Gregg Goldstein After Warner Bros. absorbed New Line as an in-house production label, industryites wondered which Warners specialty unit would be kept, Warner Independent Pictures or Picturehouse.To Reduce Costs, Warner Brothers Closing 2 Film Divisions New York TimesEnd credits roll for Warners specialty units ReutersLos Angeles Times - Wall Street Journal - USA Today - Indie Wire