Cruise/Wagner Productions, also abbreviated as C/W Productions, was an American independent film

production company A production company, production house, production studio, or a production team is a studio that creates works in the fields of performing arts, new media art, film, television, radio, comics, interactive arts, video games, websites, music, and v ...

. It was founded by actor

Tom Cruise Thomas Cruise Mapother IV (born July 3, 1962), known professionally as Tom Cruise, is an American actor and producer. One of the world's highest-paid actors, he has received various accolades, including an Honorary Palme d'Or and three Go ...

and his agent Paula Wagner in July 1992. 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.Paramount: Cruise is risky business
- CNN-''

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'' with

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(c/o CNNMoney.com) - 23 August 2006Atkins, Jill
"Sumner Redstone Rebuke of Tom Cruise: Now What?
- '' National Ledger'' - 24 August 2006Lieberman, David and Laura Petrecca
"Cruise seeks financial backing from hedge funds"
- ''

USA Today ''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virgini ...

'' - 24 August 2006Epstein, Edward Jay
The Financial Times: Paramount vs. Cruise: all down the killer cut
- ''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

'' - 24 August 2006Clark, John
"The business of Cruise control"
- ''

New York Daily News The New York ''Daily News'', officially titled the ''Daily News'', is an American newspaper based in Jersey City, NJ. It was founded in 1919 by Joseph Medill Patterson as the ''Illustrated Daily News''. It was the first U.S. daily printed in ...

'' - 23 August 2007 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 Paramount Pictures Corporation is an American film and television production company, production and Distribution (marketing), distribution company and the main namesake division of Paramount Global (formerly ViacomCBS). It is the fifth-oldes ...

. The deal was renewed and expanded several times over the next fourteen years. In August 2006

Sumner Redstone Sumner Murray Redstone ( Rothstein; May 27, 1923 – August 11, 2020) was an American billionaire businessman and media magnate. He was the founder and chairman of the second incarnation of Viacom which was dissolved in 2019 (a year before Redst ...

, chairman of Viacom (parent company of Paramount Pictures) terminated that relationship citing Cruise's comments in the media about

psychiatry Psychiatry is the medical specialty devoted to the diagnosis, prevention, and treatment of mental disorders. These include various maladaptations related to mood, behaviour, cognition, and perceptions. See glossary of psychiatry. Initial p ...

anti-depressant Antidepressants are a class of medication used to treat major depressive disorder, anxiety disorders, chronic pain conditions, and to help manage addictions. Common side-effects of antidepressants include dry mouth, weight gain, dizziness, heada ...

s and

Brooke Shields Brooke Christa Shields (born May 31, 1965) is an American actress and model. She was initially a child model and gained critical acclaim at age 12 for her leading role in Louis Malle's film '' Pretty Baby'' (1978). She continued to model into ...

' handling of

postpartum depression Postpartum depression (PPD), also called postnatal depression, is a type of mood disorder associated with childbirth, which can affect both sexes. Symptoms may include extreme sadness, low energy, anxiety, crying episodes, irritability, and cha ...

, and his taking up

Scientology Scientology is a set of beliefs and practices invented by American author L. Ron Hubbard, and an associated movement. It has been variously defined as a cult, a Scientology as a business, business, or a new religious movement. The most recent ...

.Gardner, Chris
"It's a war of the words"
- ''

Variety Variety may refer to: Arts and entertainment Entertainment formats * Variety (radio) * Variety show, in theater and television Films * ''Variety'' (1925 film), a German silent film directed by Ewald Andre Dupont * ''Variety'' (1935 film), ...

'' - August 22, 2006 However, the termination may have been more about money than anything else. Within a week,

Daniel Snyder Daniel Marc Snyder (born November 23, 1964) is an American businessman and owner of the Washington Commanders, an American football team belonging to the National Football League (NFL). He bought the team, then known as the Washington Redskins, ...

, owner of the

Washington Redskins The Washington Commanders are a professional American football team based in the Washington metropolitan area. The Commanders compete in the National Football League (NFL) as a member club of the league's National Football Conference (NFC) ...

and two

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as ...

s, secured financial backing to buy the company. In November 2006,

Metro-Goldwyn-Mayer Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded o ...

came to Cruise/Wagner with a deal that gave them a percentage of the ownership in

United Artists United Artists Corporation (UA), currently doing business as United Artists Digital Studios, is an American digital production company. Founded in 1919 by D. W. Griffith, Charlie Chaplin, Mary Pickford, and Douglas Fairbanks, the stu ...

in an effort to revive the floundering production company. This deal fell apart when Wagner left the studio in August 2008.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 ''Deadline Hollywood'', commonly known as ''Deadline'' and also referred to as ''Deadline.com'', is an online news site founded as the news blog ''Deadline Hollywood Daily'' by Nikki Finke in 2006. The site is updated several times a day, wi ...

'' - 13 August 2008Flemming, Michael
"Paula Wagner leaves UA
- ''

Variety (magazine) ''Variety'' is an American media company owned by Penske Media Corporation. The company was founded by Sime Silverman in New York City in 1905 as a weekly newspaper reporting on theater and vaudeville. In 1933 it added ''Daily Variety'', bas ...

'' - 13 August 2008Cruise loses studio partner
(The Guardian newspaper)

Productions

Feature Films

References

External links

United Artists Official Website
{{DEFAULTSORT:Cruise Wagner Productions 1992 establishments in California 2008 disestablishments in California American companies established in 1992 American companies disestablished in 2008 American independent film studios Companies based in Los Angeles Defunct companies based in Greater Los Angeles Defunct film and television production companies of the United States Entertainment companies based in California Mass media companies established in 1992 Mass media companies disestablished in 2008 Privately held companies based in California Tom Cruise