Table Of Content
- Mission: Impossible
- Hollywood Twists
- Breaking point: why Tom Cruise is living a mission impossible
- Tom Cruise’s car stolen while filming in Birmingham
- Paramount Global CEO Bob Bakish’s 2023 Pay Totals $31.3M, Down Slightly From Prior Year
- Prince William’s Bond With His In-Laws Sheds a Light on His 'Chilly' Relationship With These Royals
- Film
But when he saw Mr. Cruise’s broad smile flashed across the evening news during the Paramount dust-up, he decided to give him and Ms. Wagner the UA shingle to hang. Mr. Cruise is not obligated to appear in any UA films, though the incentive of owning a large chunk of the print, as well as the bragging rights and perquisites that entails, is meant to be a strong motivator for him to ply his “day job — or night job,” as Ms. Wagner puts it, at UA. Journalist Stephen Glass, who rose to meteoric heights as a young writer in his 20s, becoming a staff writer at The New Republic for three years. Looking for a short cut to fame, Glass concocted sources, quotes and even entire stories, but his deception did not go unnoticed forever, and eventually, his world came crumbling down.
Mission: Impossible
Like Chaplin's original vision, Francis Ford Coppola's American Zoetrope and Steven Spielberg, David Geffen and Jeffrey Katzenberg's Dreamworks SKG (now owned by those baddies at Viacom), Cruise's UA will, apparently, attempt to nurture a creative environment for filmmakers. In an ever-more bottom-line-conscious era of movie-making, it sounds like an impossible mission. "Tom and I are excited to take this classic brand into the future and create a new, artist-centric, artist-friendly company driven by strong business principles," says Wagner, who likened their vision for UA to that of the Medici family's patronage of the arts during Italian Renaissance. In the works since early September, the UA deal has left Wagner and Cruise "completely open right now" to all varieties of film projects, Wagner told TIME, "ranging from high concept to smaller, character-driven films."
Hollywood Twists
Tom Cruise lands a new producing and developing deal with Warner Bros. after spending the past three decades a - Daily Mail
Tom Cruise lands a new producing and developing deal with Warner Bros. after spending the past three decades a.
Posted: Tue, 09 Jan 2024 08:00:00 GMT [source]
The announcement that Cruise has now tied his mast to the Warner Bros. ship is therefore a big boon for the production studio. Discovery CEO David Zaslav has said he wanted to work with more top talent both in front and behind the camera, and you can’t get much bigger than Cruise. With computer genius Luther Stickell at his side and a beautiful thief on his mind, agent Ethan Hunt races across Australia and Spain to stop a former IMF agent from unleashing a genetically engineered biological weapon called Chimera. This mission, should Hunt choose to accept it, plunges him into the center of an international crisis of terrifying magnitude.
Breaking point: why Tom Cruise is living a mission impossible
Cruise’s production company Cruise/Wagner Productions acquired the film rights to Jack Reacher back in 2005. The project lingered in limbo for a few years, finally getting a kickstart when McQuarrie was hired to revise the script, an adaptation of the ninth Reacher novel, One Shot. It went into production at a pivotal moment in Cruise’s career as well as McQuarrie’s.
The film follows the life of famous 1970s runner Steve Prefontaine from his youth days in Oregon to the University of Oregon where he worked with the legendary coach Bill Bowerman, later to Olympics in Munich and his early death at 24 in a car crash. Wagner slammed Redstone last week, calling his comments "surprising" and unbusinesslike. She said it was their decision to walk away from a 14-year partnership with Paramount.
Beyond saying that the plan is to live up to the United Artists legacy of making talent feel like partners rather than employees, and a goal of releasing four to six films a year distributed by MGM, Ms. Wagner says that little else is set in stone. Sumner M. Redstone, the chairman of Viacom, Paramount’s owner, contended that he had fired Mr. Cruise for “inappropriate” behavior that had hurt his studio’s bottom line. Mr. Cruise’s defenders accused Mr. Redstone of grandstanding and said that, actually, both sides had already been planning to part amicably. The latter is responsible for some of the best work of Cruise’s late-stage career, and the former got McQuarrie what’s now clearly a much-deserved second chance as a director. Neither would be where they are now without the other, or without a 6’5”, 250-pound ex-military drifter whose pecs are so big they have rendered him immune to bullets. What is extraordinary is everything else about it, from DP Caleb Deschanel’s work behind the camera (the way that he stages the aforementioned shooting through the scope of the sniper’s rifle is inspired) to a stacked cast that includes everyone from Werner Herzog to Robert Duvall.
Paramount Global CEO Bob Bakish’s 2023 Pay Totals $31.3M, Down Slightly From Prior Year
In addition to moving the distribution of MGM’s home video business to 20th Century Fox, Mr. Sloan wanted to shore up MGM’s own television channels around the world by cutting deals with various small and independent producers. Mr. Sloan, who once served as chairman of Lion’s Gate Entertainment, also wanted to revive MGM’s movie-making capabilities, but without the expense of layers of creative executives and producers. In November 2006, Metro-Goldwyn-Mayer came to Cruise/Wagner with a deal that gave them a percentage of the ownership in United Artists in an effort to revive the floundering production company. In an interview, Mr. Sloan estimated that big studios spent as much as $100 million apiece annually on films that are never released, and he called Hollywood’s film development deals “an enormous welfare project” for writers, agents and producers. For those in the know, they’ll be aware that Cruise has done a lot of these films through his own production company Cruise/Wagner Productions, started in 1993.
This was the film production company of actor Tom Cruise and his former agent Paula Wagner, formed in July 1992 and often known as C/W Productions. At the time the company was formed, Wagner had been representing Cruise for 11 years. The company was formed to give Cruise more creative freedom over his film projects and to give him the opportunity to produce and direct motion pictures. Cruise/Wagner Productions, also abbreviated as C/W Productions was an American independent film production company. UA's future seemed uncertain after Sony, Comcast and a group of private equity firms acquired its parent MGM in 2004.
Film
Reacher's Producer Told Alan Ritchson Not To Reach Out To Tom Cruise - imdb
Reacher's Producer Told Alan Ritchson Not To Reach Out To Tom Cruise.
Posted: Mon, 23 Oct 2023 21:12:21 GMT [source]
Through Cruise/Wagner, the actor has produced all of the Mission Impossible films alongside playing the lead role, alongside the Jack Reacher series and other films. Sounds like a boring behind-the-scenes detail about film production, but it’s actually quite a significant move in the career of the world’s biggest action star. If all goes as planned, United Artists will announce as soon as this week a debt financing of $400 million to $500 million to finance its first slate of pictures, backing that includes $100 million from MGM itself.
The centerpiece of the meeting was a four-hour pow-wow with Jonathan M. Nelson, the chief executive of Providence Equity, whose 29 percent stake in MGM makes it the studio’s single largest shareholder. According to two people who would not agree to be named because it was a private meeting, Mr. Nelson was there to scope out Mr. Cruise’s intentions for UA before signing off on the deal. Kelvin L. Davis, a partner at Texas Pacific who serves on MGM’s executive committee, said he came away from his initial meeting with Mr. Cruise impressed by his business acumen and his curiosity about the financial goals of his prospective backers. But the investors, unhappy with MGM’s performance under the Sony strategy, changed course after a year and installed Mr. Sloan, an MGM director, as the studio’s chief executive.
But now, along with "substantial ownership," Cruise and Wagner will set United Artists' production slate and Wagner will serve as CEO. Cruise will star in and produce films for the revamped company, which plans to deliver about four movies a year to start. The company signed an exclusive three-year multi-picture financing and distribution deal with Paramount Pictures in Octoer 1992, and would renew and expand that deal several times over the next 14 years. Within a week, Daniel Synder, owner of Washington's NFL team (then known as the Washington Redskins) and two hedge funds, secured financial backing to buy C/W Productions.
Jack Reacher does everything a movie of its kind is supposed to do, only it does it 10 to 20 percent better than necessary. Cruise will continue to be able to star in films produced elsewhere, just as he did under Paramount. Cruise's production deal with Paramount had given the star as much as $10 million US per year for salaries, expenses and discretionary spending in exchange for first right to finance or distribute the films. Financial terms have not been revealed, but they do not include funding for film production and distribution. This category is for films and television series produced by Cruise/Wagner Productions.
The private equity firms had initially backed the Sony Corporation’s $5 billion takeover of MGM from the investor Kirk Kerkorian in 2004, with the strategy that MGM would be largely shuttered and its 4,000-film library fed through the distribution pipeline of Sony Pictures. “Any producer who makes more than one or two films in their lifetime — with the exception perhaps of Tom Cruise — has a ‘mixed’ thing,” Ms. Wagner says when asked if that was a fair assessment of her partnership with Mr. Cruise. What’s more, Cruise/Wagner’s track record was strong with films starring Mr. Cruise, but those that did not feature the actor — pictures like “The Others,” “Elizabethtown,” “Shattered Glass” and “Narc” — had “mixed” commercial success, according to an executive with knowledge of the discussions.
No comments:
Post a Comment