TOM CRUISE at the New York premiere of 'War of the Worlds' held at the Ziegfeld Theatre. New York City, USA - 23.06.05

Revered Paramount boss SUMNER REDSTONE has ended his company's 14-year relationship with Cruise/Wagner Productions because he no longer wants to be associated with the movie star.

Redstone tells newspaper The Wall Street Journal he believes Cruise's bizarre antics on US TV shows like OPRAH and TODAY had a negative effect on the box office take of Paramount's 2005 summer blockbuster WAR OF THE WORLDS.

He snipes, "As much as we like him personally, we thought it was wrong to renew his deal... His recent conduct has not been acceptable to Paramount."