Despite a $100 Million Payday, Tom Cruise Lost Huge Money For His $1.4 Billion Movie Because of Paramount’s Deal
Tom Cruise is indeed a name that is well-known to people across the globe. Cruise is known for his self-portrayed action sequels, which had shocked and amazed the audience over time. Despite being 60, Cruise has executed each of his stunts perfectly to deliver an impactful scene. The most notable works of Tom Cruise are included in the Mission Impossible franchise, the Top Gun franchise, and much more. A Few Good Men star is well known as one of the highest-paid actors across the globe. Still, the Rain Man actor lost a huge amount to Paramount while sharing the rights to his blockbuster movie Top Gun: Maverick.
Tom Cruise’s Earning From Top Gun: Maverick
It is a well-known fact that Cruise starrer Top Gun: Maverick is a blockbuster hit of 2022. The film grossed a worldwide collection of $1.493 billion against the $170 million budget. The Mission Impossible star has reportedly earned more than $100 million from this film. This amount could have been increased by a decent number if only the makers of the hit film would have sold the cable and streaming rights to a better platform.
The Paramount Deal Resulted In Tom Cruise’s Loss
Top Gun: Maverick became the most successful movie of the year 2022, and was a hot deal for the cable and streaming platforms. And this opportunity was grabbed by Paramount. Yet Paramount had a hard time releasing the movie on Paramount+, their streaming service, and the only reason for this is Epix, the TV channel. Epix was once owned by Paramount but MGM took over it in 2017 with a contract of 5 years allowing Epix to run its films. The contract was extended till 2023 in 2022.
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The contract was not causing any problem in its functioning as Paramount never launched any major film. But the entry of Top Gun: Maverick changed the scenario, as the sides associated with Paramount were worried about their cutting profits because of its deal with Epix. Tom Cruise lost a possible profit as the Epix-Paramount deal made the deal beneficial for Epix but not as much profitable for Paramount. Thus Cruise could not manage to earn as high profits and lost a significant amount.
Though Tom Cruise’s lawyer never filed a lawsuit against Paramount as their past deal reduced the profits from Cruise’s pocket. Still, as per reports, the two sides are engaged in negotiation for the different copyright issues of Top Gun: Maverick.
Top Gun: Maverick is currently available on Paramount+.
Source: The Things
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