Cruise and Abrams on board for Paramount’s ‘M:I:IV’

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jj_abrams_speak_at_the_apple_store_soho untitled-1Paramount Pictures today announced that Mission Impossible IV will be produced by Tom Cruise, J.J. Abrams and Bad Robot Productions for a Memorial Day weekend release in 2011.

“Tom and J.J. are great talents and we are excited to be working with them to re-launch this legendary franchise,” said Paramount Pictures chairman and CEO Brad Grey in a news release, which you can read in full on the jump.

No unnecessarily convoluted punctuational nomenclature was specified, but the previous endeavor, known as M:I:III, was Abrams’ big-screen debut as a director.

PARAMOUNT PICTURES TO MAKE MISSION IMPOSSIBLE IV:
TOM CRUISE & JJ ABRAMS TO PRODUCE; CRUISE TO STAR
***
Film slated for release Memorial Day 2011
HOLLYWOOD, CA (February 9, 2010) – Paramount Pictures announced today that it is making “Mission Impossible IV.” The film, which will be produced by Tom Cruise, J.J. Abrams and Bad Robot Productions and will star Cruise, will be released Memorial Day weekend 2011.

“Tom and J.J. are great talents and we are excited to be working with them to re-launch this legendary franchise,” said Paramount Pictures Chairman & CEO Brad Grey.

Screenwriters Josh Applebaum and Andre Nemec are attached to write the script, from an original idea by Cruise and Abrams.
The studio, Cruise and Abrams are in now the process of identifying a director for the film.

Abrams’s last project with Paramount was “Star Trek,” which he produced and directed. The film grossed $385 million globally. Cruise’s “Mission Impossible” franchise has grossed over 1.4 billion globally.
“Mission Impossible IV” will be co-financed by David Ellison’s Skydance Productions.

Cruise is represented by CAA. Abrams, Applebaum and Nemec are represented by WME.

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