Founders Of Production
Wagner and Tom Cruise were the founders, it has grossed more than $2.9 billion in box office proceeds since its inception. Wagner had been representing Cruise for eleven years before the formation of C/W Productions.
In October 1992, Cruise/Wagner Productions signed an exclusive three-year multi-picture financing and distribution deal with Paramount Pictures.
In November 2006, Metro-Goldwyn-Mayer came to Cruise/Wagner with a deal that gave them a percentage of the ownership in United Artists in an effort to revive the floundering production company. This deal fell apart when Wagner left the studio in August 2008.