Katie Holmes and Tom Cruise smile as they watch Cameron Diaz receive her star on the Hollywood Walk of Fame in Hollywood, California on June 22, 2009.

Haven’t seen them in a while!

Fame

Star Trek director J.J. Abrams tells TV Guide that he will be producing the fourth “Mission: Impossible” film. “I am incredibly honored that Tom Cruise has invited me back as a producer on ‘Mission: Impossible 4,’” said Abrams, who directed 2006’s Mission: Impossible III, but hasn’t yet committed to directing the fourth.

“Tom and I have come up with a really cool idea we are pursuing,” he added. The third film cost about $150 million to make and earned $397.8 million worldwide. The first pic pulled in $457.7 million worldwide on a $80 million budget and the second took in $546.3 million on a $125 million budget.

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Tom Cruise and wife Katie Holmes help celebrate their daughter Suri’s 3rd birthday with a party at their mansion in Beverly Hills today. The party was also attended by Tom’s children Connor and Isabella.

Bauer Griffin

So what is Tom Cruise going to follow up “Valkyrie” with?

Cruise’s last actual hit movie was released in June 2006 — that was “Mission: Impossible 3,” and although it was very well made by director J.J. Abrams, it was not the monster that its predecessors had been.

Since then, Cruise has appeared in the dreadful box office loser, “Lions for Lambs,” and made his popular cameo appearance as an offensive movie producer in “Tropic Thunder.”

“Valkyrie,” which kicked up a storm of controversy, made a little over $83 million domestically during its run. It wasn’t a flop, but for Cruise it was below his average $100 million take and well below the Mission: Impossible movies, almost by half.

The film has taken in a little more than $100 million in the rest of the world, with its biggest successes in Germany, Italy, the United Kingdom, and China, where it made over $7 million.

In Germany, where “Valkyrie” was supposed to rehabilitate Cruise’s image and ingratiate his frowned upon Scientology, the movie made a middling $10 million. It opened and closed fast, already off the charts. By contrast, “The Reader” is number 1 and has made more money. “Twilight” did $20 million there. “Benjamin Button” has done almost $19 million. “Australia” has taken in $15.5.

Also, “Valkyrie” — which probably cost more like $150 million total when all the bookkeeping is done — brought the end of Cruise’s producing partnership with Paula Wagner and threw his deal with MGM to make movies at their United Artists into question.

Now it’s mid March, and Cruise has no movies in the can for 2009 or even 2010. If he doesn’t start something soon, he could miss the summer 2010 release schedule. (more…)

PCN

Becoming a mother has allowed Katie Holmes to flex muscles she wasn’t even aware she possessed.

Motherhood, the parent of 2-year-old Suri Cruise tells Glamour magazine for April’s special 70th anniversary issue (on sale March 10), “has been the most amazing experience – in an instant you become strong. You have to be a little bit wiser; it’s the most important job in the world.”

Not that having a child wasn’t a formidable experience for Holmes, 30, and husband Tom Cruise, 46. “During the first couple of days [with Suri], we would just sleep right next to her to make sure she was breathing. And I was constantly learning on the job, but Tom was very helpful and supportive.”

Asked about the rumors that were once swirling around the Cruise marriage – including one story that Suri didn’t exist at all – Holmes responds, “Some of the stuff [people said] was such absolutely horrible things to say about a child. It was so uncalled for and so disgusting. Enough is enough.”

In such instances, she says, Cruise, who was more accustomed to press coverage, was extremely helpful, says his wife.

“We were changing diapers. He said, ‘I don’t want you to get upset.’ And I said, ‘Well, I am upset.’ So we approached it together.” To those who write or report such things, Holmes says she’d like to tell them, “Why don’t you come over and have dinner? See what there is to see.”

Through such adversity Holmes also says she has developed a sense of self-reliance. “I definitely felt like – as a woman, as the mother of Suri – I want to handle this! My mom is very strong, and if anyone ever said anything about any of us, she would be, ‘Excuse’ me? That’s my family!”

Speaking of which, the Cruises are not about to add to theirs – at least for the moment. Asked about a current rumor, Holmes answers, “I’m not pregnant right now.”

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Splash