In what had been a lucrative 14 year partnership between the two including recent hits Mission Impossible 3 and War Of The Worlds Cruise became one of the most bankable stars in the industry earning paramount billions of dollars.
In promoting his recent films Cruise made headlines proclaiming his love for Katie Holmes by jumping on the couch of the Oprah Winfrey show among other very public displays of affection. He also spoke out about his ideas on his religion, Scientology, as well as declaring on camera that he believes there is "no such thing" as postpartum depression.
Paula Wagner, Cruises long time producing partner called the move "offensive" and "undignified". Negotiations have already begun with other studios while paramount is looking to acquire another Hollywood heartthrob in Brad Pitts Plan B company.
