Cruise/Wagner Productions is a American independent film production company. The company was founded by actor Tom Cruise and former casting agent Paula Wagner. Cruise/Wagner was formed to give Cruise more control over the projects that he acts in and retain more of the profits. The company has grossed more than $2.9 billion in box office proceeds since it was founded in September 1993. Daniel Snyder, owner of Six Flags and the Washington Redskins, and two hedge funds immediately stepped in, and in less than a week, secured financial backing.