Tom Cruise and Warner Bros. Discovery enter film development agreement

Tom Cruise has embarked on the next chapter of his personal mission to revive the movie theater industry. The renowned "Top Gun" actor is joining forces with Warner Bros. Discovery to collaborate on the creation and production of original and franchise theatrical films, with projects slated to commence this year, as stated in a press release on Tuesday.

Cruise expressed his enthusiasm for the collaboration on his Instagram, sharing the news alongside a photo of the studio's official announcement. "Excited to share this news. I look forward to making great movies together!" he wrote.

In response to the partnership, Warner Bros. Motion Picture Group co-chairs and CEOs, Michael De Luca and Pam Abdy, conveyed their excitement about working with Cruise, acknowledging him as a true legend in the film industry. They emphasized their shared vision of restoring the iconic studio to its former glory, stating, "Our vision, from day one, has been to rebuild this iconic studio to the heights of its glory days."

While the announcement on Tuesday didn't delve into specific details about the projects in development, Cruise's longstanding history with Warner Bros. was highlighted. The actor has previously taken on leading roles in iconic films produced and distributed by the studio, including "Edge of Tomorrow," "Rock of Ages," and "Magnolia," among others.