Watch live Tom Cruise Closing Deal to Co-Star in 'Rock of Ages' on stream

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Finally, Tom Cruise has made a fix and final  negotiations to co-star in Rock of Ages, New Line's adaptation of the hit stage musical about 1980s rockers. Adam Shankman is directing from a script by Chris D'Arienzo.

The actor  has been circling the project since October. Cruise will play Stacee Jaxx, the arrogant and charming star at the top of his career. Jaxx sings Bon Jovi's "Wanted Dead of Alive" in the theater production. Alec Baldwin and Russell Brand are also circling big roles in the film but do not have deals yet.

Shankman's Offspring Entertainment, Tobey Maguire's Maguire Entertainment and Corner Store Entertainment are producing. Production is shooting for a May start date.