Tom Cruise has been working with Christopher McQuarrie more and more ever since the 2008 historical drama Valkyrie, which Christopher McQuarrie wrote. Tom Cruise stars in the upcoming Jack Reacher, which Christopher McQuarrie wrote and directed. The filmmaker has also provided uncredited rewrites for Tom Cruise vehicles such as All You Need Is Kill and Mission: Impossible Ghost Protocol.
Tom Cruise is producing the sequel alongside J.J. Abrams. Nothing will be fully official until Paramount and Skydance bring writers on board to craft the screenplay. It isn't known when the studio plans on getting production started at this time.
Mission: Impossible 5 comes to theaters July 31st, 2015 and stars Tom Cruise, Jeremy Renner, Paula Patton, Simon Pegg, Rebecca Ferguson, Alec Baldwin, Ving Rhames, America Olivo. The film is directed by Christopher McQuarrie.