In 2015, close to the release of "Mission: Impossible Rogue Nation," Cruise had announced that he has decided to go ahead with the sixth installment in the franchise, reported Variety.
The 54-year-old actor had said that the movie would have "...More incredible set pieces, stunts and what I think is a very entertaining and compelling story."
The project is being produced and financed by Paramount and partner Skydance Productions, headed by David Ellison. Cruise is also a producer.
The five "Mission: Impossible" films, all starring Cruise as agent Ethan Hunt, grossed a combined USD 2.8 billion at the worldwide box office. "Rogue Nation" was produced by Cruise along with JJ Abrams, Bryan Burk, David Ellison, Dana Goldberg and Don Granger.