The document discusses several major production and distribution companies in the film industry. New Line Cinema started as a distribution company and later became an independent studio, merging with Warner Brothers in 2008. Dimension Films is owned by The Weinstein Company and specializes in horror and thriller films. Warner Bros is a major film, TV and music studio owned by Time Warner. Paramount Pictures is one of the big six Hollywood studios and was the first to distribute films digitally only. 20th Century Fox and Columbia Pictures are also major studios focused on film distribution. Lions Gate Entertainment is a successful mini major studio formed in Canada in 1997. CBS was founded by William Paley in 1927 as a commercial broadcast network.