Cruisin' for a schmoozin'
Viacom Inc chairman Sumner Redstone said his company’s Paramount Pictures is terminating its 14-year relationship with actor Tom Cruise’s production company, citing the actor’s controversial and sometimes erratic behavior…
After being contacted by The Wall Street Journal, Mr. Cruise’s representatives ... said that Mr. Cruise's production company had decided to set up an independent operation financed by two top hedge funds, which they declined to name [Emphasis added].
Two things:
- Whaddya reckon they’re short managers?
- Hedge funds have, irrevocably, jumped the couch.
Links after the jump.
Paramount Ends Relationship With Tom Cruise's Company [$$]
by Merissa Marr
The Wall Street Journal Aug. 22 2006
If no WSJ sub, go pretty much anywhere




Tom Cruise jumped on a coach and used his freedom of speech to talk about his beliefs. So what! I experience more shocking things than that on a daily basis. I don't agree with him, but I don't agree with alot of people. When he comes out with a good movie I'll watch it. He's a talented actor and I like a good story. The End.
Posted by: Katherine | August 23, 2006 at 00:38
He is a F__ing Idiot
Posted by: John James | August 23, 2006 at 00:34
I just want to know what is so threatening about Tom Cruise that people have to jump on the media band wagon and smash him to bits? Here is a guy who has had a 20+ year career full of wonderful films that have entertained the entire country. When the media sang the praises of Tom Cruise "golden boy," we could not get enough. There are Americans who have followed Tom's marriages and relationships more closely than they have followed what is happening in their own families. But now that he is publicly speaking about issues that are controversial, the media brands him as crazy and we Americans eat it up. All I ask is this, who exactly has the right to sit in judgement of this guy, his beliefs, or his family? If I was him I would keep that baby as far away from the venomous media as I could. Unless of course Dr. Phil comes out to tell us all that stars should keep their kids away from the media. Then everyone will be sure to love and forgive him again, even wtihout paparazi pics of his infant child plastered all over the internet. Maybe even Entertainment Tonight will run a story about bruised and broken "star kids." Then we can all eat that up and move on to hating Madonna.
Posted by: Lesley | August 22, 2006 at 23:45