MGM just issued this statement from MGM chairman and CEO Harry Sloan: ”After reading erroneous reports about Tom Cruise and United Artists, I would like to clarify that we are honored that he will continue as our full partner in control of UA. He is in the middle of one of the greatest careers our industry has ever seen and one that will continue at the top of United Artists Entertainment.” (See my previous: Tom Cruise’s Movie Studio Imploding: Paula Wagner Is DOA At United Artists; But Was It Suicide or Murder By MGM?)
Editor-in-Chief Nikki Finke - tip her here.





I think it’s more of a case of Tom Cruise cleaning house. His agent bailed out and his partner couldn’t greenlight pictures. You have $500 million and you can’t decide what movies to make. Tom’s got to get both his acting career and his studio back on track.
“Ah…what divine spin thou art made”.
Wow, I never knew how privileged I am to be living in this era. I shudder at the thought of not having had the opportunity to marvel at the greatness of Tom Cruise’s career. If only Laurence Olivier, Cary Grant, Clark Gable, Jimmy Stewart and other so called “stars” were still alive: they could take turns shining Tom’s shoes. Oh well, I guess, we’ll have to settle for them turning over in their graves.
I don’t want this polite crap, I want more dirt!
When they’re talking nice like that you know there’s trouble brewing.
The *middle* of his career?
There is not a single person on this planet who is not descended from some wackjob alien who believes that.
Please, please more dirt!!! don’t be polite
Who needs whores when you’ve got Harry Sloan willing to give you head in public? Jesus.
Tom Cruise’s latest incarnation: the $500 million rent boy. Sloane actually needs Cruise now, perhaps even more than Cruise needs him. Tom will continue to make movies, etc. and does he REALLY want the headache of running a studio? Apparently Paula did not…
Thanks to some recent bad experience with a green young MGM exec who got me to move halfway across the country for a job that never materialized, I find all this talk about Hollywood’s most conflicted studio imploding rather gratifying. Karma is real.