Warner New LineVariety is reporting on New Line’s present and near future status, clearing up several things that have been said in the past several months:

“There’s no mandate to make a particular kind of movie,” Horn states. “We’re not going to wind up bidding against each other across the table. And New Line will not just be doing genre, since that’s a space filled pretty well by Lionsgate, Screen Gems and Dark Castle […] There’s no budget number required. They’ll be doing about six per year, though the number may go from four to seven; it’s not going to be 10.

The article also touches an aspect many have wondered about in our forums:

There are also the two “Hobbit” films and a possible sequel to “The Golden Compass”. The question is how much Warner Bros. will get involved in those tentpoles.

We will just have to wait and see! [Variety]

Bob Shaye and Michael Lynne

Bob Shaye and Michael Lynne

From deadlinehollywooddaily.com So the two New Line founders bounced from their studio by Time Warner boss Jeff Bewkes are finally getting closer to starting their own company. I hear Bob Shaye and Michael Lynne are setting up offices on the 9th floor of their old building on Robertson Blvd in Los Angeles. Tipsters tell me that the L.A. head of production is probably Mark Kaufman, responsible for such memorable un-hits as The Man, Martian Child, Codename: Cleaner, Secondhand Lions, but also one legitimate moneymaker, Hairspray. Ever since Shaye and Lynne found out they were being fired (which I reported exclusively back in January), the pair have been talking about this setting up of a production entity fueled by some projects from New Line development that they could make for their ex-underling Toby Emmerich and that would go through Warner Bros. Also, I hear Warner Bros may give them some films to produce and develop. Bob Shaye & Michael Lynne Set Shingle

glumPuddle sends this along: Narnia Producer Mark Johnson is asked why they didn’t do multiple films at once, like LOTR. He says: ‘What New Line and Bob Shea did with Lord of the Rings, basically green-lighting three movies at once, is unheard of. And in todays Hollywood, it will never happen again. I just cannot imagine it. Its too much of a financial commitment, and everybody will say, Lets just see if the first ones successful first.’ Narnia Producer Doubts Any Studio will ‘Triple-Produce’ Anymore

MGM Logo Diedye from our message boards sends this along. Mary Parent was recently quoted about MGM’s upcoming slate.

“For MGM, among those is a continuation of Bond and Pink Panther sequels, an announced remake of “Fame” and a not-yet-announced remake of “RoboCop,” possibly in 3-D. “‘RoboCop” would be great in 3-D, as would something we’re hoping to announce soon,” said Parent. This also includes “The Hobbit,” which will be filmed in two parts released in 2011 and 2012, and maybe more after. “There’s 80 years between the end of ‘The Hobbit’ and the beginning of ‘The Lord of the Rings,'” said Sloan. “Think of the franchise.” One other idea MGM was toying with was more “Rocky” films. Parent asked for a show of hands from the audience who might be in to that. Though there were a few very enthusiastic responses, many kept quiet.”

Hobbit Party Kristin Thompson writes: On Saturday at Cannes, MGM CEO Harry Sloan dropped a couple of interesting remarks about Peter Jackson, Fran Walsh, and the Hobbit films. They’re on The Frodo Franchise, along with some links to background on MGM’s role in the production. Harry Sloan Talks ‘Hobbit’