Man, this news truly bums me out. Variety reports that Picturehouse and Warner Independent Pictures are shutting down. It's not like this is shocking news; ever since New Line folded, it was all pretty much a given that both Picturehouse and Warner Independent would either close or merge in some way -- but it still stings for those who, like me, were big fans. In a statement, Warner Bros. president and COO Alan Horn claims this move won't stop the studio from taking more chances on young, indie voices. He says, "After much painstaking analysis, this was a difficult decision to make, but it reflects the reality of a changing marketplace and our need to prudently run our businesses with increased efficiencies. We're confident that the spirit of independent filmmaking and the opportunity to find and give a voice to new talent will continue to have a presence at Warner Bros."

On a personal note, Cinematical has worked with folks from both Picturehouse and Warner Independent Pictures, and have always found them to be wonderful people who truly care about spreading these little indie films as far and wide as they can. Here's hoping that love, that heart and that passion will not disappear. We wish all those involved good luck in their future endeavors.