Daily Marauder

MISC

In a cost cutting measure, Warner Bros. is shutting down two of its film divisions – Warner Independent Pictures (distributor of March of the Penguins) and Picturehouse (Pan’s Labyrinth). Last year, these two specialty divisions launched a total of 12 films, compared to the total of more than 600 total released films. Both studios have movies set to premiere in the upcoming months – Picturehouse has The Women debuting in September, and Warner Independent Pictures has Towelhead, about a Lebanese teen growing up in Texas. (Cynopsis 5/9, http://online.wsj.com/public/article/SB121029119956779303.html 5/9)

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