jksmith269
Proud Navy Veteran 1990-1995
- Messages
- 3,939
- Reaction score
- 57
I will now boycott all Tom Cruises new work...You know it really is a match made in heaven...OOPs tom doesn't beleive in that...
Tom Cruise lands on feet with new deal
Dumped by Paramount last week for his off-screen antics, star inks two-year development deal with firm headed by Commanders owner Daniel Snyder.
August 28 2006: 6:32 PM EDT
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 Commanders owner Daniel Snyder, the companies said on Monday.
First and Goal, 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 that, the companies said.
Cruise has been battling image problems in Hollywood.
The companies did not disclose the amount of financing that would be provided.
The move follows the disclosure last week that Viacom (Charts), which owns Paramount, would not renew a 14-year production deal with Cruise/Wagner. Viacom Chairman Sumner Redstone cited Cruise's "recent conduct" for ending the deal with the Hollywood superstar.
Paula Wagner, the actor's partner in his movie company, said at the time, "We, in fact, made a decision not to continue our relationship with Paramount Pictures."
Cruise/Wagner Productions said at the time it had lined up $100 million in hedge fund financing to continue film production, but did not name the funds.
http://money.cnn.com/2006/08/28/news/newsmakers/cruise.reut/index.htm?cnn=yes
Tom Cruise lands on feet with new deal
Dumped by Paramount last week for his off-screen antics, star inks two-year development deal with firm headed by Commanders owner Daniel Snyder.
August 28 2006: 6:32 PM EDT
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 Commanders owner Daniel Snyder, the companies said on Monday.
First and Goal, 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 that, the companies said.
Cruise has been battling image problems in Hollywood.
The companies did not disclose the amount of financing that would be provided.
The move follows the disclosure last week that Viacom (Charts), which owns Paramount, would not renew a 14-year production deal with Cruise/Wagner. Viacom Chairman Sumner Redstone cited Cruise's "recent conduct" for ending the deal with the Hollywood superstar.
Paula Wagner, the actor's partner in his movie company, said at the time, "We, in fact, made a decision not to continue our relationship with Paramount Pictures."
Cruise/Wagner Productions said at the time it had lined up $100 million in hedge fund financing to continue film production, but did not name the funds.
http://money.cnn.com/2006/08/28/news/newsmakers/cruise.reut/index.htm?cnn=yes
