Viacom (who owns Paramount) CEO Philippe Dauman recently popped his head in a shareholder's meeting in New York City, and when asked if there are plans to develop an "additional sequel," he responded by saying, "Oh, yes." While much of the talk pre-'Ghost Protocol' centered on Jeremy Renner possibly taking over the franchise, anyone who saw the movie knows that Tom Cruise is still very much commander-in-chief of the 'Mission' team, and given that his star power is now flexing its muscle once again, you can bet he will be back for "Mission: Impossible [Insert Weird Subtitle Here]"
Of course, it could be a ways off. Cruise shoots "Oblivion"/"Horizons"/Whateveritscalled this spring and then presumably is moving to Doug Liman's "We Mortals Are" (aka "All You Need Is Kill") in the fall. A script still has to be written and then approved by Cruise, and a director needs to be hired (the franchise switches it up with each movie -- Josh Trank anybody?). So it could be a while. But considering the franchise has never been healthier, you can bet it's on the top of the priority list for both Paramount and Cruise. [THR]