Date: 29th August 2006

Cruise New Film Deal

Tom Cruise has found a new group to finance his films after being publicly dumped by Paramount Studios last week. The Mission: Impossible star has cut a deal with a group that includes the owner of the Washington Redskins football team to finance the overhead costs of his film production company.

Redskins owner Daniel M. Snyder, chairman of Six Flag Inc., is said to be a leading investor in an agreement that would give Cruise less than $3 million annually to finance staff and office expenses.

Source: Press Release