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As horror fans look forward to Final Destination: Bloodlines, New Line Cinema president and CCO Richard Brener discussed the history and future of the alternative filmmaking arm of Warner Bros. with the Hollywood Reporter. Especially in the 90s and 2000s, the company spun out into not only franchise makers but arthouse staples built on storytelling that have resonated over time. You could say that it was the blueprint for A24 or Neon with properties that originated with horror, cult, and auteur fare including Nightmare on Elm Street, The Mask, Austin Powers, Mortal Kombat, Seven, Lord of the Rings, Elf, The Conjuring, and so many more. Now in its current era New Lines focus is squarely on horror, but to Brener thats due to the climate of cinematic demand in the genre most easy to make. Its not been a huge change in the sense that weve kind of been making the same kinds of movies, whether its horror, comedy, female-driven films, he told THR. The budgets havent changed, the expectations dont change and the pressure doesnt change. Theres an ebb and flow in the sense that we probably are making less comedies today and more horror movies, because horror movies have been working more and there are people who are nervous about comedies, I think unjustifiably. Even so, the pressure to find a balance between doling out more franchise foddersomething audiences claim to be tired of, but yet still show up forand original fare, which can have trouble filling theater seats, is something New Line is trying to navigate. Take Companion, for instance: the film was received well by audiences and critics alike but didnt do so well during its box office run. To that end Brener shared, I think its very rare to find a movie that scores as well with the audience and critics. There may be some things in the concept that were hard to get through in short form in marketing, but were super proud of the movie and would love to work with [writer-director] Drew [Hancock] again. Hes an amazing talent. The movie will be profitable for us.And its often the case that a solid horror film does tend to find its audience over time. Thats something that New Line is familiar with thanks to past films that went from cult faves to horror or genre mainstays like Dark City, Spawn, or Twin Peaks: Fire Walk With Me. New Lines current horror master in residence is James Wan, who is closing out his era of Conjuring movies by producing the ninth film in the universe, The Conjuring: Last Rites.The film from Michael Chaves, which will see Patrick Wilson and Vera Farmiga return as Ed and Lorraine Warren, is set to be a wrap up of sorts. And it sounds like the studios hoping for a blockbuster farewell, as Brener teases early versions of the film are already testing through the roof.He also classified Last Rites as the last of what we call phase one, and noted we are hopeful that we can make more. It will be interesting to see if that means the second phase will reboot the universe or be anchored by new leads outside of the Warrens. Brener continued to describe the focus on franchise titans of terror. Were also making our second Evil Dead movie with plans for a third as well. But theres also new fresh ones that you havent heard of that we believe, in success, well have multiple installments, he said, adding that while fans want more Nightmare on Elm Street, perhaps the film that laid the companys solid foundation, its a bit trickier to pin down: We hope so. Its complicated because of the rights. Head to THR to read the full interview with Brener. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, whats next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.