It's interesting reading in Variety about the "independents" having been purchased now being folded into the studio structures. Is this a sign of a cold economic winds? Here's a link
but here's a quote that caught my eye:
"Horn cited the fact that 600 pics get released annually as having made the specialty biz less attractive financially in recent year. He also said that such pics have becomce more likely to screen at multiplexes rather than art-house venues and expressed confidence in Warner's distribution side to ensure that smaller films receive the proper handling.
Horn admitted that the announcement's likely to be interpreted as Warner Bros. getting out of the indie film biz but stressed that it will still acquire and produce specialty pics. He cited the success of such fare as "March of the Penguins," "Before Sunset," "We Don't Live Here Anymore," "La Vie en Rose" and "Snow Angels" as examples of the kinds of projects that Warner will still look to buy and produce."