May 15 2013, 5:20am CDT | by Luigi Lugmayr
The scriptwriter has been given the task of writing Paramount's next installment in the action franchise, which Tom Cruise will star in as well as produce.
Christopher McQuarrie - who directed Cruise in 2012's 'Jack Reacher' - has entered negotiations to direct, while J.J. Abrams' Bad Robot company will produce the movie, whose plot is being kept secret.
The 'Mission: Impossible' franchise - which first hit screens in 1996 and stars Cruise as secret agent Ethan Hunt - is as popular as ever and has grossed more than $2 billion overall.
Production is expected to begin on 'MI:5' this autumn after Cruise finishes filming Warner Bros.' 'The Man From U.N.C.L.E.', a big screen adaptation of the cult 1960s TV show,
Scriptwriter Pearce is also working on Guillermo del Toro's much-anticipated 'Pacific Rim', as well as planning his directorial debut.
Source: Bang Movies
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