Tom Cruise to Lose Partner, Gain a 'Tourist'
Longtime partner Paula Wagner will leave her position at United Artists
The Hollywood star is losing his longtime business partner, Paula Wagner, when she steps down from her post as co-owner and CEO at United Artists, according to The Hollywood Reporter. Only two weeks earlier, Wagner's husband Rick Nicita who was also Cruise's agent, left CAA to join the Morgan Creek production company.
"I've truly relished working with my longtime partner Tom Cruise to revitalize United Artists, and I am proud of all that we've accomplished in the past two years, reinvigorating the brand and developing such a strong slate of films," Wagner said. "But I always tell my sons, 'Follow your passion' -- and I've got to follow that advice myself. As much as I've enjoyed my time as an executive, I have longed to return to my true love, which is making movies, so that's what I've decided to do. I still believe in our vision for UA, and I am confident that Harry Sloan and our colleagues at MGM will see that vision through to reality."
Wagner will continue to be part owner of UA, but will focus her energies on producing full time.
Cruise's ownership interest in UA won't change either and he'll still work with Wagner on film projects together. The partners had launched Cruise/Wagner Prods. together in 1993 to produce films such as the "Mission: Impossible" movies, "The Last Samurai" and "War of the Worlds." In November 2006, they were brought on board to try and revive UA.
At UA, they produced and released the tepidly received "Lions for Lambs" and produced the WWII film " Valkyrie," which finally received a release date of Dec. 26.
In recent Cruise project news, the actor stepped away from the spy thriller "Edwin A. Salt," which allowed Angelina Jolie to step in pending the protagonist's sex change. He's instead considering the comedy "Food Fight," in which he'd play a snooty New York City chef working in a school cafeteria.
He's also in talks to star in Spyglass Entertainment's remake of the French spy thriller "The Tourist," based on Julian Fellowes' adaptation of the 2005 film. The project centers on an American tourist who is used by a female Interpol agent as a pawn in a game of espionage.
Cruise can be seen playing an over-the-top studio executive in the comedy " Tropic Thunder," currently in theaters.