We quit you first!

Tom Cruise's producing partner Paula Wagner "is furious with the treatment the pair have received from Paramount Pictures and insists they were the ones who turned their back on the studio after failing to reach an agreement regarding their contract." Here we go....

Wagner says, "We had ceased negotiations. I'm not sure why this happened. You need to respect your artists. I don't understand why this would be turned into a personal attack. Because that's what it is." Maybe because "personal" issues is the reason this whole thing went down

Wagner says they have raised funds to establish an independent production company.