Tom Cruise and Paula Wagner Make United Artists Strikeproof

WGA continues chipping away at AMPTP's resolve.

by | January 7, 2008 | Comments

His big-screen alter egos have saved the world on numerous occasions, and now it seems as though Tom Cruise — and his partner Paula Wagner — may have helped bring an end to the writers’ strike.

No one is setting down their picket signs just yet, but Variety reports that Cruise and Wagner, who run United Artists, have followed in the footsteps of David Letterman‘s Worldwide Pants production company, brokering an interim deal with the Writers Guild of America. The terms of the deal, though not immediately available, will follow the precedent set by the Worldwide Pants agreement. From the article:

For UA toppers Tom Cruise and Paula Wagner, it’s a major declaration of independence from MGM and underlines that the duo — who have a 35% stake in UA — have the final say in operations. The deal affords the revived studio an opportunity to move forward on projects after initially stumbling out of the gate with “Lions for Lambs.”

Though MGM had no comment about the deal, sources said over the weekend that MGM topper Harry Sloan has opposed the UA interim deal and added that it was highly unlikely that MGM would break ranks from the congloms and sign its agreement before the strike ends.

The deal comes too late to save Oliver Stone‘s Pinkville, which ceased production after the strike started and has already lost star Bruce Willis to another project, and it won’t bring an end to the strike all by itself; United Artists, under the terms of its current financing arrangement, is only set to release “15-18 films over the next five years.” It does open the door, however, for the WGA to continue its “divide and conquer” strategy, proving the Guild’s terms are reasonable enough to function at the indie level — and making UA highly attractive to investors who may not want to wait for the strike to end before making their next film.

According to Variety, Lionsgate and The Weinstein Company “are viewed as the most likely to sign interim deals with the guild”; the Weinsteins have been vetting a WGA proposal for the last couple of weeks, and Lionsgate has a deal on the table as well. From the article:

Such a deal would not be surprising for the Weinsteins, who have been strong supporters of screenwriters. The brothers formed the indie operation two years ago after a dozen years of working for Disney.

For Lionsgate, a pact with the WGA could be more complicated than for UA or TWC since the company also has TV operations. Lionsgate’s been in an expansion mode, taking stakes in Mandate Pictures, Break.com and Roadside Attractions and setting a $400 million, 23-picture theatrical slate financing agreement.

Source: Variety

Tag Cloud

indiana jones dogs italian Song of Ice and Fire concert aliens archives Tomatazos dramedy Unbreakable Kimmy Schmidt Turner cancelled travel Disney RT21 Nat Geo facebook hidden camera rotten 4/20 crime thriller Infographic godzilla Tarantino classics comic festival New York Comic Con MTV Disney streaming service politics Marvel Studios singing competition sports Esquire Animation Christmas Pop TV Film Captain marvel spanish language Writers Guild of America 2019 Premiere Dates superman Mary Tyler Moore Hallmark cars cats Rom-Com Musical DC Comics Red Carpet Lifetime Christmas movies adventure TBS FXX VICE Amazon Studios Mary poppins Creative Arts Emmys supernatural emmy awards Disney+ Disney Plus fresh Action Winners CBS All Access GLAAD Rocketman stop motion ratings renewed TV shows TV television Chilling Adventures of Sabrina comic books directors comiccon DirecTV quibi stoner disaster Endgame Countdown independent new star wars movies IFC Films Biopics Superheroes dragons Discovery Channel zombies video on demand Podcast Arrowverse PlayStation parents 007 Mindy Kaling FOX BBC golden globe awards WarnerMedia spinoff LGBT 2021 discovery hollywood ABC Family dark james bond blockbusters Black History Month ViacomCBS Video Games Mary Poppins Returns chucky Broadway Acorn TV christmas movies spy thriller FX free movies nbcuniversal Opinion The Arrangement Universal richard e. Grant women TV One Paramount Network HBO Go criterion a nightmare on elm street Country indie comedies based on movie PBS Hulu screenings Pixar Sundance TV The CW revenge Reality Elton John police drama Holiday australia Quiz NYCC casting USA Network true crime TIFF Fall TV VOD cooking Trailer Comedy Crackle series ABC kids Amazon Prime Crunchyroll History The Academy cinemax Academy Awards X-Men deadpool halloween canceled TV shows Stephen King stand-up comedy fast and furious Women's History Month 45 A24 documentary Nominations versus diversity hispanic miniseries Shudder First Look video black Grammys razzies game show WGN boxing Apple TV+ award winner halloween tv Epix LGBTQ Binge Guide theme song joker USA satire french National Geographic Television Academy PaleyFest Pop festivals Amazon Photos Shondaland MSNBC foreign sag awards YouTube Red Classic Film Apple TV Plus MCU mutant cancelled television Certified Fresh social media Peacock screen actors guild golden globes BBC America Baby Yoda slashers Ghostbusters Avengers spider-man period drama Adult Swim El Rey American Society of Cinematographers Star Trek jurassic park Spectrum Originals die hard Teen batman Comedy Central natural history crime drama all-time football 24 frames 2015 Awards Tour Marvel Chernobyl technology Travel Channel CW Seed twilight films anime Lionsgate ID werewolf cartoon Rock Pride Month rom-coms zero dark thirty 2017 popular comics TV renewals 71st Emmy Awards strong female leads cancelled TV shows CNN Cosplay The Walt Disney Company Toys medical drama 2016 Ellie Kemper CMT Drama Comic Book psychological thriller Warner Bros. E! Star Wars Schedule cops spain Year in Review adaptation 2020 Apple Fox News game of thrones heist movie Spike BAFTA docudrama Box Office Ovation Character Guide Cartoon Network Fox Searchlight E3 Brie Larson witnail movies tv talk VH1 Trophy Talk Film Festival justice league Britbox name the review robots 93rd Oscars Martial Arts SXSW cults crossover book adaptation animated zombie AMC Comics on TV best worst latino mission: impossible Super Bowl blockbuster Disney Plus YouTube Premium TLC President Kids & Family kaiju Fantasy TruTV Lucasfilm space Set visit Horror south america Heroines Columbia Pictures YouTube Tumblr ITV OWN composers obituary APB book romance ghosts scary movies Television Critics Association hist Vudu A&E critics sequels Sony Pictures OneApp The Witch Dark Horse Comics doctor who Amazon Prime Video 99% nature remakes children's TV FX on Hulu cancelled TV series news BET Awards Tubi Mudbound Best and Worst Pet Sematary Legendary 78th Annual Golden Globe Awards Walt Disney Pictures 2018 Family Valentine's Day universal monsters Black Mirror Rocky TV Land Nickelodeon prank Sundance Now DGA historical drama Marvel Television SDCC Holidays SundanceTV documentaries what to watch kong IFC See It Skip It Logo reviews mockumentary BBC One San Diego Comic-Con Pirates finale rt archives superhero Western Food Network Emmy Nominations Masterpiece Freeform reboot Funimation Starz teaser HBO Anna Paquin crime Emmys Sundance Paramount YA BET The Walking Dead ESPN ABC Signature Paramount Plus Exclusive Video Syfy Turner Classic Movies science fiction Election spanish Summer binge unscripted Netflix Christmas movies sitcom breaking bad Disney Channel toronto Showtime Marathons Hear Us Out Oscars Thanksgiving worst movies asian-american jamie lee curtis romantic comedy saw blaxploitation dc RT History nfl king kong japanese 20th Century Fox HBO Max Music psycho TCA Awards Alien Lifetime serial killer scorecard green book thriller First Reviews franchise Hallmark Christmas movies DC streaming service Netflix trailers talk show elevated horror telelvision TCM NBC streaming Watching Series TCA pirates of the caribbean anthology venice transformers war TCA 2017 Mystery Reality Competition boxoffice CBS Winter TV high school dceu Cannes Calendar TCA Winter 2020 biography Superheroe Trivia GIFs The Purge canceled sequel Awards GoT Interview 72 Emmy Awards docuseries Polls and Games 21st Century Fox vampires harry potter Spring TV Musicals DC Universe movie Sci-Fi Extras TNT Sneak Peek child's play political drama monster movies toy story laika Bravo rotten movies we love