Trade Breaks: Crimes, Oscars, New Line

“Timothy J. Sexton (“Children of Men”) will pen an American adaptation of Nacho Vigalondo’s Spanish-language film “Los Cronocrimenes” (aka. “Timecrimes”) for United Artists. Steven Zaillian and Agnes Metre are producing the noirish thriller about a man who travels back in time half an hour to prevent a serious crime…” (full details)

“Oscar nominations will be unveiled Thursday, January 22nd, with the ceremony Sunday, February 22nd. Noms are traditionally announced on a Tuesday, but the Academy of Motion Picture Arts & Sciences pushed back the date due to the presidential inauguration January 20th…” (full details)

“Time Warner on Monday began the process of downsizing New Line Cinema by laying off 450 employees in New York and Los Angeles. About 40-50 staffers will remain at the former mini-major, which is being retooled as a genre-oriented label within Warner Bros. as part of a Time Warner cost-cutting effort. Another 40 New Line employees are being offered positions elsewhere within Warners…” (full details)