Cruise/Wagner Productions

Last updated
Cruise/Wagner Productions
Industry Film
FoundedJuly 1992;32 years ago (1992-07)
Founder Tom Cruise
Paula Wagner
DefunctAugust 2008;16 years ago (2008-08)
FatePartnership dissolved
Successor TC Productions
HeadquartersUnited States
OwnerTom 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. [2] [3] The company has grossed more than $2.9 billion in box office proceeds since its inception. [4] [5] [6] [7] [8] [9]

Contents

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. [3] 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. [5] [6] [7] [8] [9] [12] However, the termination may have been more about money than anything else. [9] [13] [14] Within a week, Daniel Snyder, owner of the Washington Redskins and two hedge funds, secured financial backing to buy the company. [7] [12] [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. [4] [9] This deal fell apart when Wagner left the studio in August 2008. [17] [18] [19] [20]

Productions

Feature films

YearTitle Director Distributor BudgetBox officeNotes
1996 Mission: Impossible Brian De Palma Paramount Pictures $80 million$457.7 millionInstallment of the Mission: Impossible franchise.
1998 Without Limits Robert Towne Warner Bros. $25 million$777,423
2000 Mission: Impossible 2 John Woo Paramount Pictures$125 million$546.4 millionInstallment of the Mission: Impossible franchise.
2001 The Others Alejandro Amenábar Dimension Films/Miramax Films $17 million$209.9 million
Vanilla Sky Cameron Crowe Paramount Pictures$68 million$203.4 millionRemake of Open Your Eyes.
2002 Narc Joe Carnahan $6.5 million$12.6 million
Minority Report Steven Spielberg 20th Century Fox $102 million$358.4 million
2003 Shattered Glass Billy Ray Lionsgate Films $6 million$2.9 million
The Last Samurai Edward Zwick Warner Bros.$140 million$456.8 million
2004 Suspect Zero E. Elias Merhige Paramount Pictures$27 million$11.4 million
2005 War of the Worlds Steven Spielberg$132 million$603.9 millionRemake of The War of the Worlds.
Elizabethtown Cameron Crowe $45 million$52 million
2006 Ask the Dust Robert Towne —$2.5 million
Mission: Impossible III J. J. Abrams $150 million$398.5 millionInstallment of the Mission: Impossible franchise.
2007 Lions for Lambs Robert Redford Metro-Goldwyn-Mayer (United States)
20th Century Fox (International)		$35 million$63.2 million
2008 The Eye David Moreau and Xavier PaludParamount Pictures
Lionsgate Films		$12 million$56.7 millionRemake of The Eye.
Death Race Paul W. S. Anderson Universal Pictures $45–65 million$76 millionInstallment of the Death Race franchise.
Valkyrie Bryan Singer Metro-Goldwyn-Mayer (United States)
20th Century Fox (International)		$75–90 million$201.5 million

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References

  1. ↑ "Cruise makes a picture deal". NewspaperARCHIVE.com. Lima News. November 4, 1992. p. A4.
  2. 1 2 "The Los Angeles Times from Los Angeles, California on July 13, 1992 · Page 152". Newspapers.com. 13 July 1992. Retrieved 2022-02-26.
  3. 1 2 3 "Tom Cruise forms his own film company". Evening Standard. Newspapers.com. July 14, 1992. p. 12. ISSN   2041-4404 . Retrieved 2022-02-26. Scroll down to 'Show 12 article text'
  4. 1 2 "MGM Partners With Tom Cruise and Paula Wagner to Form New United Artists". Metro-Goldwyn-Mayer Studios. PR Newswire. 2 November 2006. Archived from the original on 29 September 2008.
  5. 1 2 Paramount: Cruise is risky business - CNN- Money Magazine with Reuters (c/o CNNMoney.com) - 23 August 2006
  6. 1 2 Atkins, Jill. "Sumner Redstone Rebuke of Tom Cruise: Now What? Archived 2007-11-18 at the Wayback Machine - National Ledger - 24 August 2006
  7. 1 2 3 Lieberman, David and Laura Petrecca. "Cruise seeks financial backing from hedge funds" - USA Today - 24 August 2006
  8. 1 2 Epstein, Edward Jay. The Financial Times: Paramount vs. Cruise: all down the killer cut - Financial Times - 24 August 2006
  9. 1 2 3 4 Clark, John. "The business of Cruise control" - New York Daily News - 23 August 2007
  10. ↑ "Evening Standard from London, Greater London, England on October 29, 1992 · 19". Newspapers.com. 29 October 1992. Retrieved 2022-02-26.
  11. ↑ "The Index-Journal from Greenwood, South Carolina on November 4, 1992 · Page 10". Newspapers.com. 4 November 1992. Retrieved 2022-02-26.
  12. 1 2 Gardner, Chris. "It's a war of the words" - Variety - August 22, 2006
  13. ↑ Kimball, Trevor. "Paramount Gives Tom Cruise the Boot" Archived 2008-01-10 at the Wayback Machine - AnActorsJourney.com - 23 August 2006
  14. ↑ Sperling, Nicole. "Biz eyeing economics of Cruise-Par breakup: DVD slowdown forcing restraint" Archived 2009-01-13 at the Wayback Machine - 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. ↑ Tom Cruise Splits From Long Time Partner (Sydney Morning Herald newspaper)
  20. ↑ Cruise loses studio partner (The Guardian newspaper)
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