Paramount's 'Mission: Impossible 6,' Alexander Payne's 'Downsizing' Get Release Dates

After a hiccup over back-end costs and Tom Cruise’s salary, Paramount Pictures has a release date for the sixth chapter of the “Mission: Impossible” series.

“MI: 6” will hit theaters July 27, 2018.

A minor production stall hit in August, with fees for producers (Cruise, Bad Robot and Skydance) at the center. The studio wanted those trimmed, an individual with knowledge of the negotiations told TheWrap at the time.

Also Read: James Corden Helps Tom Cruise Recreate His Entire Career (Video)

Production is slated to begin at the top of 2017, with Christopher McQuarrie as the writer behind the script. The most recent film in the “Mission: Impossible” franchise — 2015’s “Rogue Nation” — made $682,330,139 worldwide, per Box Office Mojo.

In addition to “Mission,” the studio dated Alexander Payne’s next drama “Downsizing,” starring Matt Damon and Reese Witherspoon, with an awards-qualifying release date of Dec. 22, 2017.

“Downsizing” tells the story of an Omaha man who joins the throngs of citizens undergoing a new process that reduces people to a tiny fraction of their size. He then moves to one of the many communities of small people that are sprouting up around the world.

The film will be directed produced by Payne and Oscar winner Mark Johnson,

Two other projects were also announced: Untitled Paramount Event Horror Film in IMAX, on April 28, 2017, and Untitled Paramount Event Film on Nov. 2, 2018.

For the record, a previous version of this story had the incorrect worldwide box office grosses for “Mission: Impossible: Rogue Nation.” We apologize for the error.

The Evolution of Tom Cruise, From Outsider to Jack Reacher (Photos)

TheWrap takes a look at Tom Cruise's career, from "Endless Love" to his upcoming film "The Mummy."
David Letterman
Tom Cruise was born in Syracuse, New York on July 3, 1962. However, he spent his childhood in Canada after his family moved to Ottawa in 1971. When his mother left his father, they moved back to the United States.
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Cruise's first role was a bit part in the 1981 film "Endless Love." Later that year, he had a major supporting role in "Taps."
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In 1983, the actor became part of the ensemble cast of "The Outsiders before starring in other films, including "All the Right Moves" and "Losin' It."
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1983 also marked the year he starred in "Risky Business," which is one of Cruise's most memorable roles, thanks to a little dance in his underwear.
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In 1985, Cruise played the male lead in the Ridley Scott film, "Legend," which costarred Tim Curry.
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The actor then starred in 1986's "Top Gun," which cemented his role as a global superstar. It is one of his highest grossing films after "War of the Worlds" and the "Mission: Impossible" series.
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The same year, Cruise paired up with Paul Newman for "The Color of Money," a sequel to "The Hustler."
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Cruise married actress Mimi Rogers in 1987 but divorced in 1990, and she was the one who introduced Cruise to the Church of Scientology. Cruise claimed the Church cured his dyslexia.
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1988's "Cocktail" earned Cruise the Razzie Award for Worst Actor, but followed that up with "Rain Man" alongside Dustin Hoffman, which won the Academy Award for Best Film.
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Cruise stayed on the awards train with "Born on the Fourth of July," which earned him a Golden Globe for Best Actor in a Motion Picture Drama as well as his first Best Actor Academy Award nomination.
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Cruise's next films, "Days of Thunder" and "Far and Away," both co-starred his then-wife Nicole Kidman. They were married for 10 years before splitting in 2001. The couple adopted two children, Isabella and Connor.
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Cruise starred in Neil Jordan's "Interview with a Vampire" in 1994 alongside Brad Pitt, Antonio Banderas and Christian Slater.
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1996 marked the beginning of the rebooted blockbuster franchise, "Mission: Impossible." He produced the first one, which has grossed $457 million worldwide since its debut. That same year, he played the titular role in "Jerry Maguire," which earned him a Golden Globe and his second Academy Award nomination.
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In 1998, Cruise sued the Daily Express after the publication alleged his marriage to Kidman was a sham because he was gay.
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1999 saw the reunion of Cruise and Kidman in Stanley Kubrick's "Eyes Wide Shut." He also took a supporting role in "Magnolia," for which he received yet another Golden Globe and a nomination for an Oscar.
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In 2000, Cruise filmed the second "Mission: Impossible" film, which was another success at the box office.
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In 2001, Cruise sued gay porn actor Chad Slater who said he had an affair with Cruise. Slater was ordered to pay $10 million in damages.
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The following year, Cruise starred in "Vanilla Sky" with Cameron Diaz and Penelope Cruz, with whom he was romantically linked in 2001. The relationship ended in 2004. That movie was followed by the science fiction thriller, "Minority Report and Edward Zwick's "The Last Samurai."
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Cruise's "War of the Worlds," directed by Steven Spielberg, became one of his highest-grossing films to date.
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In April 2005, Cruise began dating Katie Holmes. One month later, the actor famously declared his love for the actress on "The Oprah Winfrey Show" by jumping on the talk show host's couch.
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In 2005, the actor slammed Brooke Shields for endorsing prescription medication for treating postpartum depression. He also denounced psychiatry.
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In October 2005, the couple announced they were expecting their first child, and in April 2006, their daughter Suri was born.
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The couple was married in 2006. David Miscavige, the head of Scientology, served as Cruise's best man.
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In 2008, Cruise put on a fat suit to play Les Grossman in "Tropic Thunder," alongside Ben Stiller, Jack Black and Robert Downey, Jr. That same year, he starred in "Valkyrie," also a box office success.
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Films that followed include "Knight and Day," more "Mission: Impossible" films and "Rock of Ages." In 2012, his film "Jack Reacher" was released, grossing $216.6 million worldwide.
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In 2012, it was announced Holmes had filed for divorce from Cruise.
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His upcoming films include "Jack Reacher: Never Go Back," as well as "The Mummy."
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