Rumors have proven to be correct and J.J. Abrams, fresh from his Star Trek XI success, will be co-producing Mission: Impossible IV.
As reported by Variety, Abrams along with Tom Cruise, will co-produce the Paramount sequel, which is projected to be released in 2011.
The two will be juggling other movies while working on Mission: Impossible IV. Abrams will be working on the sequel to Star Trek XI, also slated for a 2011 release, while Cruise has recently signed on with 20th Century Fox for an unnamed movie, formerly called Wichita.
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