J.J. Abrams To Produce M:I 4

After having directed Mission: Impossible III in 2006, Tom Cruise wanted Abrams back for the fourth instalment of the series.

Abrams confirmed to TV Guide that he will produce the film, after he was invited by Cruise to join the production. However, Abrams is not involved in directing the film at the moment.

Abrams and Cruise feel that they have good ideas to continue with the adventure series.

Their first film cost 80 million dollars but made 457.7 million dollars at the box office. The second film made 546.3 million dollars on a 125 million dollar budget. Finally, the third film, directed by Abrams, had a budget of 150 million dollars and received 397.8 million dollars at the box office.

J.J. Abrams is also producing the film Morning Glory, which is currently filming with Harrison Ford and Rachel McAdams. It will hit theatres on July 30, 2010. He has also signed to direct the  Star Trek 2 movie.