It was announced on Monday that Tom Cruise would be partnering up with the Church of Scientology to create a massive film and TV studio right in the middle of Hollywood.
We're hearing that the $50 million dollar lot will include two sound stages where the 53-year-old actor will film all of his blockbusters from here on out — Oh, and it's supposedly going to be so huge that it will rival Universal and Paramount!
Daily Mail reported that former Scientologists who knew about the studio plan believe that Sea Org members are currently just months away from completing the building process on Sunset Boulevard.
[ Related: Celebs React To Scientology Documentary Going Clear ]
The religious group reportedly wants its new program to be Scientology's version of CNN, with an international reach spanning TV, movie, and even radio.
Plus, auditions for Katie Holmes' replacement are
Tags: business blitz, cnn, film flickers, gotta have faith, katie holmes, paramount, science!, scientology, sea org, tom cruise, tv news, universal