Word: paramount
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...Finally, the bosses want to trim the fat and the inventory. At a time when studios are wailing about box-office flatlines (though this year's take is up from 2005) and insufficiently ballooning zillions from the DVD cash cow, Paramount figured that committing to another long skein of expensive movies from the erstwhile boy wonder...
...This week Paramount Pictures essentially invoked the sanity clause to end its 14-year deal with Tom Cruise and his Cruise-Wagner production company. (The star's partner, Paula Wagner, insisted that she and Tom had jumped out of their contract before they could be pushed.) "His recent conduct has not been acceptable to Paramount," harrumphed Sumner Redstone, chairman of Paramount's parent company Viacom, as if he were the provost of a starchy boys' school and Cruise a rambunctious pupil...
...boyish antics may have suggested something else to Paramount. Cruise is 44 now, a star (since Risky Business in 1983) for more than half his life; yet he still relies on the megawatt smile and man-child brio. He should be finding a way to segue to a maturity that is just as appealing, yet less... strange. In other words, Paramount to Tom: Grow...
...only surprising element in this family melodrama was Paramount's public airing of its displeasure - as if it wanted to sour all of Hollywood on Tom Cruise, and, by extension, other crazy or cranky stars, of which there are plenty. Since Redstone is not known for shooting from the lip, I'd guess that he, and perhaps other moguls, may be trying to tell its priciest talents that the era of $25 million paydays for a single picture - or the sort of star-studio deal that is lucrative only for the star - is over...
...court, arguing that since the period of suspension was routinely added to the length of the contract, an actor was in danger of permanent involuntary servitude. Miracle of miracles, she won, in what became known as the de Havilland Law of 1945. A year later, she left for Paramount, where she won a Best Actress Oscar for To Each His Own. Two years after that, the Supreme Court ruled the industry acted as a monopoly, separating the production companies from their theater chains and hastening the end of the studio system...