Warner Independent Pictures

Background
Warner Independent Pictures was the indie-movie arm of Warner Bros. Entertainment established on August 7, 2003 to produce and distribute independent film and documentary releases. After New Line Cinema became a subsidiary of Warner Bros., Time Warner announced they were shutting down both WIP and Picturehouse (the indie film divisions of WB and New Line/HBO respectively) on May 8, 2008.

(July 2, 2004-September 26, 2008)
Visuals: First, we see the WB shield logo appearing on a black background. Then, after a second, the shield and the B fade out leaving the W. The W moves to the right until stopping in the middle of the screen. A or  light glows and forms a dot above the second stem of the W as "WARNER INDEPENDENT PICTURES" wipes in below with "INDEPENDENT" in  or. The byline "A TimeWarner Company" fades in seconds later.

Technique: Computerized 2D animation.

Audio: None or the opening theme of the movie.

Availability: Can be seen on a lot of indie releases from Warner including March of the Penguins and A Scanner Darkly. The last film WIP made was Towelhead, which uses this logo.