New Line Cinema is an American film production studio owned by Warner Bros. Discovery and is a film label of Warner Bros. It was founded in 1967 by Robert Shaye as an independent film distribution company; later becoming a film studio after acquired by Turner Broadcasting System in 1994; Turner later merged with Time Warner (later known as WarnerMedia from 2018 to 2022) in 1996, and New Line was merged with Warner Bros. Pictures in 2008.