Remove ads with our VIP Service
Share This Page
Add Your Comments
- Variety: "The Divergent Series: Allegiant" to Skip Theaters, Launch as a TV Movie and Spinoff Series [7/21]
- Falmouth, ME: Flagship Premium Cinemas Now Open [7/20]
- AMC Theatres to Acquire Odeon & UCI Cinemas Group, the Largest Theater Chain in Europe [7/13]
- Westbrook, ME: Prides Corner Drive-In Not Yet Open for 2016, Future is Uncertain [7/13]
- Menomonee Falls, WI: Marcus Menomonee Falls Cinemas Getting Take Five and Zaffiro's [6/30]
- Grand Junction, CO: Carmike 7 Closed [6/24]
- Lake Charles, LA: Cinemark Movie Bistro Lake Charles Holds Grand Opening [6/23]
- Thousand Oaks, CA: Regal Janss Marketplace 9 Grand Opening on June 9, 2016 [6/8]
- Mooresville, IN: Showtime Cinema Announces 2016 Summer Kids' Movie Series [6/7]
- Monterey, CA: Osio Theater Now Open [5/31]
What do you do when you're shown the door at work? You can live in the past and begrudge your former employer for a good long time, or you can dust the dirt off your feet on your way out and never look back.
When you're Tom Cruise and the company in question is Paramount, you look for opportunities and start lining up your options. The Hollywood Reporter is now reporting that Tom Cruise and his business partner Paula Wagner have made an agreement with MGM to resurrect the United Artists movie studio.
Cruise and Wagner, whose longtime production deal at Paramount Pictures ended in August, have taken what is being called a "substantial minority financial stake" in UA, founded more than 85 years ago by movie greats Douglas Fairbanks, Charlie Chaplin, Mary Pickford and D.W. Griffith. Cruise and Wagner will set the company's production slate. They will have greenlight authority within an undisclosed range; though the principals declined comment, sources suggest that number is $50 million-$60 million. Wagner will serve as CEO, and Cruise will star in and produce films for UA, though he will remain available to do film projects for other studios.
Time will tell if Paramount was crazy to show Cruise the door, if this is the beginning of a new movement of how studios are run and movies are made, or if the effort will fall flat. Anything that invigorates the industry with variety and creativity can't be a bad thing!
Click the Read link below to read the entire story from The Hollywood Reporter.
Add Your Comments
No comments found. Be the first and let us know what you think!
Add Your Comments
|Commenting on Journal Articles is available only to our readers who have customized this site, which makes it easier for you to complete the form and for us to contact you with any questions or concerns about your comments.|
Please login or register a new account before continuing.
Log in to retrieve your saved settings.
Forget Your Passcode?Send My Passcode To Me
Not Registered? Create a New Account!
Our registered members enjoy more features, including:
- Save Your Location -- the site remembers your location, no having to re-enter it each time you visit
- Favorite Theaters List -- keep a handy list of the theaters you attend
- Favorite Movies List - movies you want to see, all in one place
- Write Movie Reviews -- share your opinions of the movies you see
- Block Ads with VIP Service -- view this site ad free (subscription req'd)
Basic accounts are free -- sign up today!
Concerned About Privacy?
Journal/Blog - The Marquee - Movie Links - News and Events - Now Showing - Reader Reviews
Customize - VIP Service
|The BigScreen Cinema Guide is a service of SVJ Designs LLC. All graphics, layout, and structure of this service (unless otherwise specified) are Copyright © 1995-2016, SVJ Designs. The BigScreen Cinema Guide is a trademark of SVJ Designs. All rights reserved.|
'ACADEMY AWARDS®' and 'OSCAR®' are the registered trademarks and service marks of the Academy of Motion Picture Arts and Sciences.