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Todd Field
Hollywood's endangered entrepreneurs

IT'S hard to imagine New Line Cinema without Bob Shaye, its prickly paterfamilias. The company is being absorbed into Time Warner's Warner Bros. film division, with Shaye and most of the employees being cast adrift. Long after he'd sold his company in 1993, Shaye continued to treat New Line as his personal mom-and-pop movie store. During the company's "Lord of the Rings" heyday, Shaye would host a pre-Oscar party at his stylish home off Mulholland Drive. One night I found myself chatting with the New Line founder when one of his aides scurried over, eyes bright with big news. Shaye's then boss, Time Warner chieftain Richard Parsons, had arrived....

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