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Hard Work Has Cruise's Studio Poised to Strike

Now, a big hit would complete resuscitation of United Artists

By Zach Samalin,  Newser Staff

Posted Oct 4, 2007 3:57 PM CDT

(Newser) – Tom Cruise and longtime producing partner Paula Wagner, 15 months after being publicly bounced from Paramount, have a line of high-end films ready to roll as they attempt to rejuvenate the United Artists studio. A hit would solidify the pair's rebuilding effort, Business Week reports, and first up is Cruise vehicle "Lions for Lambs," a political flick.

Planning to make six films a year, Cruise and Wagner have so far proved themselves avid fund-raisers, securing 15 institutional investors and $500 million in financing through Merrill Lynch. "The concept is that this is an artist-driven studio," Wagner said. Though MGM will distribute all UA films, Cruise and Wagner intend to run it like a smaller, independent studio.

US actor Tom Cruise visits the Cinema Expo International in...
US actor Tom Cruise visits the Cinema Expo International in...   (Getty Images)
An 2007 file photo originally provided by Germany's Babelsberg Studio shows  Tom Cruise in the role of  failed  Hitler assassin Col. Claus Schenk Graf von Stauffenberg during filming  of the movie Valkyrie'  which  began shooting at the Babelsberg Studios near Berlin on  July 19, 2007. Eleven extras were injured when...
An 2007 file photo originally provided by Germany's Babelsberg Studio shows Tom Cruise in the role of failed Hitler assassin Col. Claus Schenk Graf von Stauffenberg during filming of the movie "Valkyrie'...   (Associated Press)
Actor Tom Cruise poses for a portrait at the Beverly Hills Hotel in Beverly Hills, Calif., in this July 29, 2004 file photo. An Arizona man who allegedly demanded more than $1 million not to publish Tom Cruise's stolen wedding photographs has been arrested, the actor's lawyer said Thursday July,...
Actor Tom Cruise poses for a portrait at the Beverly Hills Hotel in Beverly Hills, Calif., in this July 29, 2004 file photo. An Arizona man who allegedly demanded more than $1 million not to publish Tom...   (Associated Press)
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