Paula Wagner, Tom Cruise’s production partner, is in talks to leave her post of CEO at the United Artists with the purpose of independently focusing on other projects, Daily Variety premium publication says.

However, she plans to maintain her co ownership in the UA, the film studio which in 2006 was renewed under a partnership between her, Tom Cruise and Metro-Goldwyn-Mayer, an American media company.

Wagner's choice comes just two weeks after her spouse, Rick Nicita, who had been Cruise's agent, left Creative Artists Agency (CAA) to join Morgan Creek Productions, the film studio which has released blockbusters such as “The Crush” and “Robin Hood: Prince of Thieves.”

Actor and film producer Cruise, along with Wagner, also film producer and film executive, took over the United Artists after the “Top Gun” star argued with Paramount Pictures, world's most long-standing American movie studio in Hollywood, his home for 14 years. The actor was then blamed for his controversial behavior and stumping for Scientology, which is said that have impaired his public appeal.

The studio was founded by Hollywood legends Charlie Chaplin, Douglas Fairbanks, Mary Pickford, and D. W. Griffith in 1919. Among the iconic actors to have worked with the studio on memorable movies are Katherine Hepburn, Marilyn Monroe and Marlon Brando.

Last year, United Artists announced that it had secured $500 million through Merrill Lynch, which will finance 15 to 18 films over the next five years.

Cruise and Wagner’s plan were to release four films a year with budgets exceeding $40 million. The first release of the rejuvenated studio was the Robert Redford-directed “Lions for Lambs,” which starred Cruise and failed at the box office, earning less that $15 million domestically. Critical reception was mild to positive.

About 6 weeks ago, the media reported that Cruise was to play the role of a Russian spy in an espionage thriller called “Edwin A. Salt.” But the actor had a change of heart regarding the part and was recently substituted with prepossessing Angelina Jolie.

The female producer will carry on producing films with UA, while collaborating with Tom Cruise and MGM on several movies in progress.

"As much as I’ve enjoyed my time as an executive, I have longed to return to my true love, which is making movies, so that’s what I’ve decided to do," Paula Wagner said in a statement. "I still believe in our vision for UA, and I am confident that [MGM CEO] Harry Sloan and our colleagues at MGM will see that vision through to reality."