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Tom Cruise

Canned From Paramount

8/22/2006 7:41 PM PDT BY TMZ STAFF

Tom Cruise has just gotten the heave ho from Paramount Pictures.

Tom Cruise
Sumner Redstone, chief honcho at Viacom, the parent company of Paramount, has ended the 14-year relationship with Cruise's production company, Cruise/Wagner Productions. According to The Wall Street Journal, Redstone cited Cruise's controversial conduct and behavior over the last year as the reason for the split.

Redstone reportedly believed Cruise's antics -- including his now infamous appearances on "Oprah" and "Today" -- had a negative impact on the bottom line for "Mission Impossible III." Redstone said, "As much as we like him personally, we thought it was wrong to renew his deal." Redstone told The Wall Street Journal: "His recent conduct has not been acceptable to Paramount."

Cruise/Wagner produced a string of hits for Paramount, including "Top Gun," "Mission Impossible" and "Days of Thunder."

UPDATE: Paula Wagner, Cruise's producing partner, responded angrily, claiming Redstone's comments were "outrageous and disrespectful." Wagner noted that her collaboration with Cruise has accounted for 15% of Paramount's theatrical revenues over the last decade. Wagner added that she and Cruise broke off negotiations with Paramount within the last few days. Finally, Wagner said her company has raised "a revolving fund of $100 million" from two hedge funds and that they will be making movies in the future.

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277 COMMENTS

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1.

kate    

Good Job. Finally someone in Hollywood admits what a freak that guy is!

2933 days ago
2.

Freelols.com    

Earth to Tom Cruise: this is living proof you need to get a CLUE.

2933 days ago
3.

gossip fan    

Hey Tom, you weirdo, have you ever heard of "consequences of your actions"?

2933 days ago
4.

Hollygolightly    

I just hope that all these actors will start keeping their damn stupid opinions to themselves form now on. I don't want to hear a bunch of highschool drop outs talk about politics and healthcare. Go away Tom Cruise, chestica simpson, parasite wonkey hilton, sh*t spears and k-fart, brad arm-pitt, angelina vagina lips, and all your damn kids.

2933 days ago
5.

Pieta    

Katie...........there is still time..............RUN!!!!!!!!!!!!!!!!!!!! (of course, take the child with you - so use to being told what to do I see).

2933 days ago
6.

DESERT RAT    

ITS ABOUT FREEKIN TIME ...... THESE ACTORS GET ON THEIR SOAP BOX AND THINK THEY ARE UNTOUCHABLE........NOW HE NEEDS TO BE ACCOUNTABLE FOR HIS ACTIONS...........GOOD FOR THEM. ......NOW WHAT ABOUT THE REST?

2933 days ago
7.

BlackMetal    

Who cares??? Tom's a freak.


BlackMetal

2933 days ago
8.

Travis Bickle    

Uh, people...it's not about Tom's antics per se. It's about the amount of money he wanted. Studios are no longer able to shell out the big bucks they use to. Tom wants too much money and Paramount wasn't going to ante up a big, long term contract for Tom. They might still work on a deal to deal situation but nothing like the he had before. Tom won't be making the type of money he use to but he'll still be making millions (and then giving it to scientology, and at least 10 mill to Katie for their deal, and what ever he has left over to his gay lovers).

2933 days ago
9.

ALLIE KAYE    

it is sad to see a long time business venture go their seperate ways. times change and so do people. Tom will manage and do greater things in the future. The antics were not what the public could accept from tom. the mystery of him was the best. he went public with his feelings ands the public betrayed him. should have stayed the mystery man. i like the tom who declares his feelings and fraility. i wish he will remain in the public and bring to us movies in which all can enjoy. gete back to the basic of film, the story. thanks tom and peace to you and yours.

2933 days ago
10.

Jonboysf    

The planet just breathed a collective, "HAW, HAW!"

2933 days ago
11.

TXLady    

What?? Tom Cruise DROPPED from Paramount?? Did the Hollywood movers and shakers finally figure out that "fans" have had ENOUGH?

I used to be a fan of Tom Cruise and enjoyed most all of his movies. When he became the "all knowing expert" on everything from religion to mental health I knew it was time to move on. When will entertainers learn to keep their mouths shut and just do what they do best, whether that happens to be acting, directing, singing or whatever? The bigger they get the more they think they should tell the world how to be and I'm not the only one that resents it!

2933 days ago
12.

Ms Kris    

About time!!!!!!

Say goodbye to Mr. Short Divorce.

Nice to know a person who thinks they are better than everyone else because they have money & pay $$$$ as you go "faith" can be shown they ARE NOT better than everyone else & your behavior has been stupid!!

2933 days ago
13.

Joe Borchers    

He just lost the biggest money maker deal of his life. He was getting 40 million per movie, but now this dumba** has ruined a good this. He isn't too bright. He can thank his Scientology antics for this one.

2933 days ago
14.

DESERT RAT    

IM GLAD TO SEE A BIG STUDIO TAKE A STAND. I KNOW ITS ALL ABOUT THE BOTTOM LINE ($$$$$) BUT STILL HE ENDED UP BEING DEAD WEIGHT FOR THEM.

DUMB ASS!

2933 days ago
15.

VICKIE    

GREAT JOB!!!!!!!!!! FINALLY SOMEONE REALIZED THIS GUY IS AN A**!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I CAN'T WAIT UNTIL THEY BREAK UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

2933 days ago
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