This morning in Cannes, Bob Berney and the founders of the new HBO/New Line venture unveiled plans for their new venture. The company has been named Picturehouse. Its first feature release is Gus Van Sant's "Last Days", the first production is the Diane Arbus' bio, "Fur" by Steven Shainberg. Raymond De Felitta’s "The Thing About My Folks" and Giddi Dar's "Ushpizin" have been acquired.

Key staff include Rob Schwartz as COO, Marian Koltai-Levine and Dennis O'Connor as EVPs of Marketing. Sara Rose as SVP of accquisition. Bill Thompson and John Lange named SVP and co-General Sales Managers.

[A full story will be published today on indieWIRE.com.]