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International Business Times UK
International Business Times UK
Business
Jim Manzon

Tom Cruise Celebrates First Oscar After Generating £9.2B at the Box Office Over 45 Years

Tom Cruise accepts his first Oscar, validating a 45-year bet on theatrical filmmaking that streaming has yet to match. (PHOTO: YOUTUBE)

Tom Cruise has finally claimed his first Academy Award after generating over £9.2 billion ($12 billion) at the global box office, marking a significant vindication of Hollywood's commitment to theatrical releases.

The 63-year-old actor received an honorary Oscar at the Governors Awards on Sunday, 17 November, highlighting his role as one of cinema's most vocal advocates for the theatrical experience. His steadfast refusal to embrace streaming platforms has delivered extraordinary financial rewards that streaming rivals simply cannot match.

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