Tom Cruise Canned From Paramount

Sumner Redstone, chief honcho at Viacom, the parent company of Paramount, has ended the 14-year relationship with Cruise's production company, Cruise/Wagner Productions. According to The Wall Street Journal, Redstone cited Cruise's controversial conduct and behavior over the last year as the reason for the split.
Redstone reportedly believed Cruise's antics -- including his now infamous appearances on "Oprah" and "Today" -- had a negative impact on the bottom line for "Mission Impossible III." Redstone said, "As much as we like him personally, we thought it was wrong to renew his deal." Redstone told The Wall Street Journal: "His recent conduct has not been acceptable to Paramount."
Cruise/Wagner produced a string of hits for Paramount, including "Top Gun," "Mission Impossible" and "Days of Thunder."
UPDATE: Paula Wagner, Cruise's producing partner, responded angrily, claiming Redstone's comments were "outrageous and disrespectful." Wagner noted that her collaboration with Cruise has accounted for 15% of Paramount's theatrical revenues over the last decade. Wagner added that she and Cruise broke off negotiations with Paramount within the last few days. Finally, Wagner said her company has raised "a revolving fund of $100 million" from two hedge funds and that they will be making movies in the future.

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Beyonce('s Dad) Responds To Petition

Over 6,600 Beyoncé enthusiasts have come together to sign a petition "for the advocacy of having Ms. Beyoncé Knowles, Columbia Records, Music World Entertainment, and all other entities associated with the creative process of creating the long-form music video known as 'Deja Vu' reshoot aforementioned video immediately."
If you think Miss Knowles has a problem when a couple thousand of her "Crazy in Love" loyalists sign a statement like "this video is an underwhelming representation of the talent and quality of previous music video projects of Ms. Knowles" then you don't know her father, co-founder of imanipulatemybeautifuldaughterformyownsuccess.com (along side of Joe Simpson), Matthew Knowles.
When Papa Knowles heard that the previously mentioned petition made national headlines, he did what any good irreverant celebrity father would do ... he put out an offical "statement".
"It is apparent that there is a consistent plan by some to create chaos around Beyoncés 'B'Day' album release on September 5 in the US. First, it was a petition against the single, 'Deja Vu,' then a rumor regarding conflict between Beyoncé and Rihanna, seizures caused by the 'Ring the Alarm' video, putting out a single to compete with LeToya's album and now to add to all the ridiculous rumors, is my plan to postpone the release of her 'B'Day' album. What will be next? Beyoncé's cut off all her hair? Dyed it green? Maybe she's singing the songs in reverse with some hidden subliminal message!"

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