New Line Television was the television arm of the company of the same name, in turn a subsidiary of Time Warner. The company was founded in 1988 in order to produce Freddy's Nightmares, a television series based on the studio's popular Nightmare on Elm Street film series. Following the show's cancellation in 1990, New Line officially launched its television unit in 1991. In 1990, New Line bought a stake in RHI Entertainment, a television production company. New Line's involvement in the company ended with Hallmark Cards' purchase of RHI in 1994. MGM Television began distributing New Line's... films and TV series from October 2006 to February 2008, when New Line Cinema shut down as an independent business but operated as a unit of Warner Bros. Pictures. New Line Television would follow suit for the company's television division as well. Freddy's Nightmares was distributed by Lorimar-Telepictures from 1988-1989. Eventual when Warner Communications corporate sibling Warner Bros. purchased Lorimar in 1989 and assumed distribution for the remainder of the series' run.
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