Why paramount stop the cruise…with Tom

By admin on August 23rd, 2006

Paramount Pictures say bye for the $100 million dollar guy Tom Cruise.

“For some reason, Paramount has chosen to negotiate in the press,” Wagner said, calling Redstone’s announcement “surprising.”

It’s not really the most businesslike approach,” she said. “We’ve had virtually no dealings with Mr. Redstone.

TOM CRUISE

Tom Cruise - Paramount collaboration has produced $2.5 billion worth of business. Tom Cruise helped earn nearly $1 billion for Paramount this year alone.

“As much as we like him personally,” Redstone is quoted as saying, “we thought it was wrong to renew his deal.” He then cited Cruise’s “recent conduct” as the reason.

Paramount will only not lose billions but an asset. Hope they don’t regret it