Cruise/Wagner Productions Explained

Cruise/Wagner Productions
Fate:Partnership dissolved
Successor:TC Productions
Founder:Tom Cruise
Paula Wagner
Location:United States
Industry:Film
Owner:Tom Cruise
Paula Wagner

Cruise/Wagner Productions, also abbreviated as C/W Productions, was an American independent film production company. It was founded by actor Tom Cruise and his agent Paula Wagner in July 1992.[1] [2] [3] Wagner had been representing Cruise for eleven years before the formation of C/W Productions. The company has grossed more than $2.9 billion in box office proceeds since its inception.[4] [5] [6] [7] [8] [9]

Cruise/Wagner Productions was formed to give Cruise more creative freedom over his film projects and to give him the opportunity to produce and direct motion pictures. In October 1992, Cruise/Wagner Productions signed an exclusive three-year multi-picture financing and distribution deal with Paramount Pictures.[10] [11] The deal was renewed and expanded several times over the next fourteen years. In August 2006 Sumner Redstone, chairman of Viacom (parent company of Paramount Pictures) terminated that relationship citing Cruise's comments in the media about psychiatry, anti-depressants and Brooke Shields' handling of postpartum depression, and his taking up Scientology.[12] However, the termination may have been more about money than anything else.[13] [14] Within a week, Daniel Snyder, owner of the Washington Redskins and two hedge funds, secured financial backing to buy the company.[15] [16]

In November 2006, Metro-Goldwyn-Mayer (MGM) came to Cruise/Wagner with a deal that gave them a percentage of the ownership in United Artists (UA) in an effort to revive the floundering production company. This deal fell apart when Wagner left the studio in August 2008.[17] [18] [19] [20]

Productions

Feature films

YearTitleDirectorDistributorBudgetBox officeNotes
1996Mission: ImpossibleBrian De PalmaParamount Pictures$80 million$457.7 millionInstallment of the Mission: Impossible franchise.
1998Without LimitsRobert TowneWarner Bros.$25 million$777,423
2000John WooParamount Pictures$125 million$546.4 millionInstallment of the Mission: Impossible franchise.
2001The OthersAlejandro AmenábarDimension Films/Miramax Films$17 million$209.9 million
Vanilla SkyCameron CroweParamount Pictures$68 million$203.4 millionRemake of Open Your Eyes.
2002NarcJoe Carnahan$6.5 million$12.6 million
Minority ReportSteven Spielberg20th Century Fox$102 million$358.4 million
2003Billy RayLionsgate Films$6 million$2.9 million
The Last SamuraiEdward ZwickWarner Bros.$140 million$456.8 million
2004Suspect ZeroE. Elias MerhigeParamount Pictures$27 million$11.4 million
2005War of the WorldsSteven Spielberg $132 million$603.9 millionRemake of The War of the Worlds.
ElizabethtownCameron Crowe$45 million$52 million
2006Ask the DustRobert Towne$2.5 million
$150 million$398.5 millionInstallment of the Mission: Impossible franchise.
2007Lions for Lambs Robert RedfordMetro-Goldwyn-Mayer
20th Century Fox
$35 million$63.2 million
2008The EyeDavid Moreau and Xavier PaludParamount Pictures
Lionsgate Films
$12 million$56.7 millionRemake of The Eye.
Death RacePaul W. S. AndersonUniversal Pictures$45–65 million$76 millionInstallment of the Death Race franchise.
ValkyrieBryan SingerMetro-Goldwyn-Mayer
20th Century Fox
$75–90 million$201.5 million

External links

Notes and References

  1. News: Cruise makes a picture deal . Lima News . NewspaperARCHIVE.com . A4 . November 4, 1992.
  2. Web site: The Los Angeles Times from Los Angeles, California on July 13, 1992 · Page 152. 2022-02-26. Newspapers.com. 13 July 1992 . en.
  3. Web site: Evening Standard . Tom Cruise forms his own film company . Scroll down to 'Show 12 article text' . 2041-4404 . July 14, 1992 . 12 . 2022-02-26. Newspapers.com. en.
  4. News: 2 November 2006. MGM Partners With Tom Cruise and Paula Wagner to Form New United Artists. Metro-Goldwyn-Mayer Studios. PR Newswire. dead. https://web.archive.org/web/20080929115013/http://sev.prnewswire.com/entertainment/20061102/LATH10602112006-1.html. 29 September 2008.
  5. https://money.cnn.com/2006/08/22/news/newsmakers/cruise_paramount/index.htm?cnn=yes Paramount: Cruise is risky business
  6. Atkins, Jill. "Sumner Redstone Rebuke of Tom Cruise: Now What? - National Ledger - 24 August 2006
  7. Lieberman, David and Laura Petrecca. "Cruise seeks financial backing from hedge funds" - USA Today - 24 August 2006
  8. Epstein, Edward Jay. The Financial Times: Paramount vs. Cruise: all down the killer cut - Financial Times - 24 August 2006
  9. Clark, John. "The business of Cruise control" - New York Daily News - 23 August 2007
  10. Web site: Evening Standard from London, Greater London, England on October 29, 1992 · 19. 2022-02-26. Newspapers.com. 29 October 1992 . en.
  11. Web site: The Index-Journal from Greenwood, South Carolina on November 4, 1992 · Page 10. 2022-02-26. Newspapers.com. 4 November 1992 . en.
  12. Gardner, Chris. "It's a war of the words" - Variety - August 22, 2006
  13. Kimball, Trevor. "Paramount Gives Tom Cruise the Boot" - AnActorsJourney.com - 23 August 2006
  14. Sperling, Nicole. "Biz eyeing economics of Cruise-Par breakup: DVD slowdown forcing restraint" - The Hollywood Reporter - 24 August 2006
  15. Olson, Parmy. "Redskins' Snyder Gambles On Tom Cruise" - Forbes magazine - 29 August 2006
  16. Fischer, Martha. "Cruise, Wagner Fight Back" - Cinematical - 23 August 2006
  17. Finke, Nikki. "Tom Cruise's Movie Studio Imploding: Paula Wagner Is DOA At United Artists; But Was It Suicide or Murder By MGM? - Deadline Hollywood - 13 August 2008
  18. Flemming, Michael. "Paula Wagner leaves UA - Variety (magazine) - 13 August 2008
  19. https://www.smh.com.au/entertainment/tom-cruise-splits-from-long-time-partner-20080815-gdsqtp.html Tom Cruise Splits From Long Time Partner
  20. https://www.theguardian.com/film/2008/aug/14/tomcruise Cruise loses studio partner