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Movies

MORNING REPORT

July 13, 1992|BETH KLEID | Arts and entertainment reports from The Times, national and international news services and the nation's press

Cruising: Tom Cruise and his agent of almost 11 years, Creative Artists Agency's Paula Wagner, are forming a film production company. CAA announced Sunday that Cruise and Wagner's company will develop and produce movies, some of which will include Cruise as an actor or director. The new company has not been named yet.