Saturday, August 26, 2006
I still say the formula is star = bankable + recognizable. IF you're no longer bankable, then nobody wants you. Why is Cruise shopping for a new place to go? Makes you wonder. Maybe Sumner was a little harsh but if you lose your contract studio lots of $$$ like millions, then you're gonna get dumped.
off of SFGate:
Cruise's Secret Yahoo! Meeting
Reuters / Kiyoshi Ota
Tom Cruise isn't wasting any time in turning his business fortunes around after parting ways with Paramount Studios -- he's making waves at Internet media giant Yahoo!
The movie star secretly met with Yahoo! bosses in Santa Monica, Calif., yesterday -- and took wife-to-be Katie Holmes along with him.
Dressed smart but casual in jeans, a shirt and a blazer, Cruise looked happy as he left his three-hour meeting at Yahoo! hand in hand with Holmes, who was dressed for winter in a coat and boots on a sweltering 100-degree California summer day.
The actor refused to discuss what the meeting was about or what plans he has with Yahoo! executives.
The meeting followed a six-hour briefing Cruise hosted with selected studio bosses at trendy restaurant Orso in Los Angeles on Wednesday night.
Cruise was reportedly dumped by Paramount boss Sumner Redstone earlier this week.
Redstone said the studio ended the 14-year relationship with Cruise's production company because he did not approve of the actor's much-publicized antics in the last 12 months, including a sofa-jumping incident on the "Oprah" show and a stern attack of psychiatry on breakfast show "Today."
Cruise and his business partner have refuted the reason for the split.