Cruise gets a pay cut
New Paramount honcho set ꦓto slash Cruise/Wagner producti🀅on budget
What a differenc🎐e a couple of yea🍨rs can make…
Former Hollywood golden boy Tom Cruise lost his shine when he leapt up and down on Oprah’s sofa and with Missi💞on: Impossible III only breaking even after costs, he may be set to lose a lot more.
TC’s production company, jointly run by business partner Paula Wagner, had a development deal with Paramo𒆙unt Pictures which hoovered up somewhere in the region of $10 million a year but that deal ended last mont💖h.
New Paramount head Brad Grey has yet to renew the contract and the LA 🔯Times suggests that t🦄he offer on the table has dropped by as much as eight million big ones.
Cr𒀰uise/Wagner’s lawyer Bertram Fields reckons that discussions are far from over and the produceℱrs are ready to negotiate with the studio.
“We received an o♌ffer and we are digesting it. We will sit and talk about it. It is not the case that they said this is a take-it-or-leave-it offer. I don't think my friends at Paramount would ever talk that way.”
As far as Paramount a🃏re co🙈ncerned, there is no issue to resolve.
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"We have the utmost respect for Tom Cruise and Cruise/Wagner Productions,” studio mouthpiece Jaওnet Hill said. “We are currently in discussions to renew their♚ deal.”
The Los Angeles Time𝐆s s﷽uggests that on a budget of $2 million a year, Tom and Paula would have to find staff wages from their own pockets.
God knows how totalfilm.com would run on only ꦡ$2 million a year – our Online Ed’s at-desk masseuse would𝔍 surely get the boot…
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