Is Tom Cruise gunning for a Yahoo! deal?

After partying ways with Paramount Pictures, Tom Cruise has Hollywood watchers wondering whether he was trying to get the backing of internet giant Yahoo! after paying a visit to head honcho Terry Semel.

The visit now has people wondering whether the visit could see Yahoo! investing in Cruise’ company Cruise/Wagner Productions.

And even if no such move is intended, Semel's high standing in Hollywood circles could still prove helpful for the ‘Mission Impossible’ if he manages to hook up with a major studio to distribute his movies, reports the New York Post.

Paramount Pictures ended a 14-year relationship with Cruise because the actor’s behaviour had had a negative effect on the box office.

And though he already claims to have lined up 100 million in hedge funds to back his production company, the actor needs to score a big new deal with another major studio or tap the cash hoards of Wall Street power players.

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