Paramount and Skydance have confirmed what I told you yesterday: Tom Cruise is back as star and producer of Mission: Impossible 5. No director or writer yet, officially. Here’s today’s release:

HOLLYWOOD, CA (May 7, 2013) – Paramount Pictures and Skydance Productions has announced that Tom Cruise has signed-on to star and produce a 5th installment in the MISSION: IMPOSSIBLE franchise. The actor will reprise the role of Ethan Hunt, who was first introduced to moviegoers in 1996.

The project is expected to announce a writer and also a director shortly and will be developed by Cruise, Paramount and J.J. Abrams’ Bad Robot, who served as producers on previous films in the hit series. Skydance Productions, who served as co-financers and executive producers of the last installment will work closely with the team in the development and production process. (more…)