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Metro-Goldwyn-Mayer (MGM) and Tom Cruise

By Elberse, Anita / Stone, Peter

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In November 2006, Harry Sloan, chairman and CEO of Metro-Goldwyn-Mayer Inc. (MGM) offers movie star Tom Cruise and his business partner Paula Wagner a chance to run United Artists (UA), a dormant studio within MGM's portfolio. Just over two months earlier, Viacom chairman Sumner Redstone publicly complained about Cruise's controversial behavior and abruptly ended Cruise and Wagner's 14-year relationship with Viacom's movie studio, Paramount Pictures. Sloan's proposal gives Cruise a chance to strike back. Can Cruise, Wagner, and Sloan, who regards the deal as an "interesting experiment" aimed at aligning the incentives of studios and creative talent, make the partnership work?

Collection: HBSP (USA)

Ref: HBS-508057-E

Format: PDF

Number of pages: 19

Publication Date: Nov 5, 2007

Language: English

Review date: Mar 9, 2010

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Description

Year: 2006

Geographic Setting: United States

Industry Setting: Arts, entertainment & sports; Film

Metro-Goldwyn-Mayer (MGM) and Tom Cruise

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Metro-Goldwyn-Mayer (MGM) and Tom Cruise

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