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Movies Forum Index » Current Movies Forum » And the UA/Scientology deal falls apart as Paula...
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| Taylor... |
 Posted: Wed Aug 13, 2008 6:21 pm |
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Paula Wagner leaving UA as chief executive
By SOLVEJ SCHOU – 40 minutes ago
LOS ANGELES (AP) — Tom Cruise's producing partner Paula Wagner said
Wednesday she will leave her job as chief executive of United Artists
to produce projects independently.
Wagner will continue to co-own the studio with Cruise and "be attached
to UA's most exciting film properties," UA and its parent company
Metro-Goldwyn-Mayer Inc. added in a joint statement.
Cruise and Wagner were brought in to head UA in November 2006.
She said she still believes in the vision she and Cruise have for the
film studio that was formed nearly 90 years ago by Hollywood actors
including Charlie Chaplin and Mary Pickford.
"I am proud of all that we've accomplished in the past two years," she
said.
However, the effort has faced challenges.
The studio flopped on its first production attempt with last year's
political thriller "Lions for Lambs," which was estimated to have lost
about $30 million. Wagner has said the company took a modest financial
risk with the film but its symbolic benefits were invaluable.
UA's second effort "Valkyrie," starring Cruise as a Nazi army officer
executed after a failed attempt to assassinate Adolf Hitler, has been
delayed a few times.
In April, UA pushed back the release date from Oct. 3 to February
2009. MGM announced Wednesday the film would be released Dec. 26.
"We saw and tested the movie, and we believe a strong movie deserves a
strong play date," said Clark Woods, president of MGM Distribution.
http://ap.google.com/media/ALeqM5g3oG8-mhPFT_ONK2dTU9As1Wh_Aw?size=s
In this Feb. 19, 2008 file photo, producer Paula Wagner arrives at the
10th Annual Costume Designers Guild Awards in Beverly Hills, Calif.
Tom Cruise's producing partner Paula Wagner said Wednesday Aug. 13,
2008, she will leave her job as chief executive of United Artists to
produce projects independently. (AP Photo/Chris Pizzello, file)
+++ ntv/nat +++
Tom Cruise's Production Partner Bows Out
Today 5:44 PM PDT by Natalie Finn
Tom Cruise's front is no longer united.
After perhaps one anthrax scare too many, the actor's longtime
production partner, Paula Wagner, has announced that she is leaving
her chief executive post at the new United Artists to pursue projects
independently.
She will retain her coownership in UA, the nearly century-old studio
that she and Cruise revived after losing their spot on the Paramount
lot in 2006, and she'll continue to work on her films that are already
in the pipeline.
"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 in a statement
Wednesday.
Wagner owns the UA shingle with Cruise, whose role at the company
isn't expected to be affected, and MGM.
"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," her statement continued. "I still believe in our
vision for UA, and I am confident that [MGM CEO] Harry Sloan and our
colleagues at MGM will see that vision through to reality."
Per Variety, she is expected to step down following the Dec. 26
release of Bryan Singer's trouble-plagued (and not just because Cruise
sports a German accent and an eye patch) World War II thriller,
Valkyrie.
"This was very hard for Tom. Everyone recognized that Paula has been a
disaster. But to his credit, he wanted her to have an exit with
honor," a source told L.A. Weekly's Deadline Hollywood blog, which
predicted the shakeup on Monday.
The "disaster" claim was in reference to the production problems
plaguing Valkyrie and the box-office flop that was UA's first effort,
Lion for Lambs, both misfires that were rumored to be affecting the
company's financing deals.
http://images.eonline.com/eol_images/Entire_Site/20080813/425.Wagner.Cruise..081308.jpg
photo courtesy: Paramount |
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| RichA... |
| Posted: Wed Aug 13, 2008 7:14 pm |
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On Aug 14, 12:21 am, Taylor <lukebenw... at (no spam) gmail.com> wrote:
Quote: Paula Wagner leaving UA as chief executive
By SOLVEJ SCHOU – 40 minutes ago
LOS ANGELES (AP) — Tom Cruise's producing partner Paula Wagner said
Wednesday she will leave her job as chief executive of United Artists
to produce projects independently.
Wagner will continue to co-own the studio with Cruise and "be attached
to UA's most exciting film properties," UA and its parent company
Metro-Goldwyn-Mayer Inc. added in a joint statement.
Cruise and Wagner were brought in to head UA in November 2006.
She said she still believes in the vision she and Cruise have for the
film studio that was formed nearly 90 years ago by Hollywood actors
including Charlie Chaplin and Mary Pickford.
"I am proud of all that we've accomplished in the past two years," she
said.
However, the effort has faced challenges.
The studio flopped on its first production attempt with last year's
political thriller "Lions for Lambs," which was estimated to have lost
about $30 million. Wagner has said the company took a modest financial
risk with the film but its symbolic benefits were invaluable.
Liberal drool, sure box office death, as witnessed about a dozen times
in the last two years as anti-U.S. In Iraq movies DIE horrible box
office deaths. |
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| Stapler... |
| Posted: Thu Aug 14, 2008 12:27 am |
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Guest
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RichA wrote:
Quote: invaluable.
Liberal drool, sure box office death, as witnessed about a dozen times
in the last two years as anti-U.S. In Iraq movies DIE horrible box
office deaths.
There are is always more rich liberal money to fund the next anti-USA
movies. People like Warren Buffet, and that Hungarian |
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