Latest Tom Cruise Stories
By Steve Gorman LOS ANGELES (Reuters) - Actor Tom Cruise's infant daughter made her debut on Tuesday as freshman CBS Evening News anchor Katie Couric broke the story of Vanity Fair magazine landing the much-anticipated first photos of baby Suri. The photographs of the dark-haired baby born to Cruise and actress Katie Holmes on April 18 were televised about midway through the newscast, marking the first public glimpse of the actor's first biological child. Given to CBS News by Vanity...
By Anne Thompson LOS ANGELES (Hollywood Reporter) - Heralding the start of an unusual entrepreneurial relationship, Tom Cruise and his producing partner said Monday they have joined forces with a new investment partnership that will fund the duo's production endeavors for the next two years. The announcement comes less than a week after Viacom Inc. and its Paramount Pictures unit publicly revealed they had ended negotiations to renew the studio's 14-year deal with Cruise/Wagner...
By Bob TourtellotteLOS ANGELES (Reuters) - Turns out finding money to make movies was an easy mission for Tom Cruise.Only days after the "Mission: Impossible" movie star effectively was fired by Paramount Pictures, Cruise, his film partner Paula Wagner and an investment fund run by professional football team owner Daniel Snyder agreed on Monday to a financing package that puts Cruise back in business."This offers us the opportunity to work with all studios and continue doing...
NEW YORK (Reuters) - Actor Tom Cruise, who was dropped by Paramount Pictures last week for his off-screen behavior, has signed a two-year development deal with an investment partnership headed by Washington Redskins owner Daniel Snyder, the companies said on Monday. First and Goal LLC, headed by the owner of the National Football League team, will provide development and overhead financing for the actor's firm, Cruise/Wagner Productions for two years, with an option to renew after...
SYDNEY (Reuters) - Actor Tom Cruise has a new award from Australia to add to his collection -- for being the most sexist celebrity. About 400 of Australia's most powerful women gathered in the New South Wales state parliament late Thursday to decide on the winners of the 14th annual "Ernie Awards" which are handed out for the worst derogatory public statements. The awards were named after a trade union leader called Ernie whose union members included sheep shearers. He once famously...
By Anne Thompson LOS ANGELES (Hollywood Reporter) - Money might have been at the root of the dramatic public breakup that saw Paramount Pictures end its 14-year partnership with Tom Cruise and his production company Cruise/Wagner Prods. this week. But in its bitter wake, reputations -- which can be invaluable in Hollywood -- also are at stake. On Tuesday, the situation exploded when an intrepid Wall Street Journal reporter managed to get Sumner Redstone, the chairman of Paramount's...
By Nicole SperlingLOS ANGELES - The public rupture this week between Paramount Pictures and Tom Cruise generated plenty of dramatic headlines.But the breakdown in the negotiations over renewing a 14-year deal between the Viacom-owned studio and Cruise's production company, Cruise/Wagner Prods., might have been the result of something as mundane as DVD sales.That, at least, is the view of a number of executives and analysts who offered their take on the situation Wednesday, a day after Viacom...
By Arthur Spiegelman LOS ANGELES (Reuters) - A day after one of Hollywood's most powerful men publicly scolded actor Tom Cruise, the film capital began to think cost-conscious studios may finally be fed up with giving stars the star treatment. But some industry insiders believe Viacom Inc. Chairman Sumner Redstone's rebuke of Cruise was more a sign that a great money-making career was on the wane. In few other places on Earth are stars pampered the way they are in Hollywood. Jewelers...
By Steve Gorman LOS ANGELES (Reuters) - Paramount Pictures and actor Tom Cruise called an end to their 14-year production deal on Wednesday as the chairman of the studio's parent company took a parting shot at the movie star's off-screen behavior. "As much as we like him personally, we thought it was wrong to renew his deal," Viacom Inc. Chairman Sumner Redstone told the Wall Street Journal in an interview posted online. "His recent conduct has not been acceptable to Paramount." Paula...
By Anne ThompsonLOS ANGELES -- Amid a breakup that took a publicly acrimonious turn Tuesday, Tom Cruise and Paramount Pictures are parting company.Cruise and his producing partner Paula Wagner, whose Cruise/Wagner Prods. has been based at the Hollywood studio for 14 years, said they ended negotiations several days ago when a Paramount offer came up short. Wagner said the production company has lined up private equity that will allow it to operate independently of any of the studios.However,...
