credited for 'saving Hollywood's ass' in a viral clip of the two cinema greats at Monday's nominees luncheon.Spielberg, 76, who is nominated for The Fabelmans, and Cruise, 60, were seen embracing on the red carpet, before the legendary director waxed lyrical about the six-time nominated action film. Jones director Spielberg clutched onto Cruise and said: 'You saved Hollywood’s ass, and, you might have saved theatrical distribution.
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