Unique Features: Shaye and Lynne's New Company

July 10, 2008–Former New Line heads Robert Shaye and Michael Lynne have named their new companye Unique Features. They officially announced the moniker Thursday along with plans to produce two to three projects annually and operate with offices in Los Angeles and New York.

Shaye and Lynne signed a three-year first-look deal with Warner last month, four months after the studio announced massive staff cuts at New Line.

Shaye founded New Line in 1967 in his New York apartment. Shaye and Lynne departed New Line as part of Warners decision to cut costs by refocusing the mini-major on horror, comedy and urban genre pictures with an occasional tentpole project such as The Hobbit.