Tom Cruise's producing partner leaves UA

Paula Wagner says she'll move on to produce independent projects

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updated 9:04 p.m. ET Aug. 13, 2008

LOS ANGELES - Tom Cruise's producing partner Paula Wagner says she will leave her job as chief executive of the United Artists studio to produce projects independently.

Wagner says in a statement Wednesday that she wants to return to her true love of making movies but still believes in the vision she and Cruise have for UA, which she co-owns with Cruise.

She also says she has enjoyed working with Cruise and is proud of what the pair has accomplished in the past two years.

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The office of Cruise's publicist referred calls about Wagner to Metro-Goldwyn-Mayer Inc., the parent of UA.

Cruise and Wagner took over United Artists, a film studio first formed nearly 90 years ago by Hollywood actors, in November 2006.