Paramount cuts ties with Tom Cruise
Film distribution giant ends 14-year relationship with actor's production company because of Cruise's recent erratic behavior, says a report.
August 22 2006: 7:12 PM EDT
http://money.cnn.com/2006/08/22/news/newsmakers/cruise_paramount/index.htm?section=money_latest
Film distribution giant ends 14-year relationship with actor's production company because of Cruise's recent erratic behavior, says a report.
August 22 2006: 7:12 PM EDT
NEW YORK (CNNMoney.com) -- Paramount Pictures will end its longstanding relationship with Cruise/Wagner Productions, actor Tom Cruise's production company, citing his erratic behavior, according to a report published Tuesday.
Sumner Redstone, CEO of Paramount owner Viacom (Charts), said Cruise's controversial behavior over the last year - including advocating for Scientology and denouncing the use of antidepressant drugs - was the cause for the move, according to the Wall Street Journal.
The company is concerned that Cruise's behavior hurt his most recent film, "Mission: Impossible 3," said the report.
Cruise has worked with Paramount on hit films such as "Mission: Impossible," "Top Gun" and "Days of Thunder."
http://money.cnn.com/2006/08/22/news/newsmakers/cruise_paramount/index.htm?section=money_latest