Tom's history with Paramount has made for one of Hollywood's most successful relationships; the opportunity to continue our collaboration with him on 'Mission: Impossible 3' is everything anyone in show business could hope for.

This for Paramount is a new beginning. I think it's going to turn this studio into a dynamic and vibrant studio again. This studio is 100 years old, there have been extraordinary years. We happen to be in a cycle that needs a new architecture. This is going to go a long way in that strategy.

We really want to make a deal.

We hope to name new management shortly.

Marvel has emerged as one of the strongest, most successful entertainment brands around the globe, with an enviable track record in feature films. We are excited to be working with Marvel on this new business.

It's essential for a company like ours to partner with a company with great leverage, and our friends at Fox clearly represent that,