Mission: Impossible 4 News

Mission: Impossible 4 really is a go.

Tom Cruise and J.J. Abrams have chosen Josh Applebaum and Andre Nemec to pen the script for this franchise's fourth installment.

The pair of writers spent four seasons with Abrams as co-executive producers of Alias.

"I've been looking forward to working with Josh and Andre again for years," Abrams said. "Their sense of balance between character and action is wonderful, which I know is hugely important to Tom as well. We're off to an exciting start, so, as usual, fingers crossed."

Mission: Impossible 4 is aimimg for a 2011 release.

It looks like Mission: Impossible 4 is more than just a rumor.

Not only will Tom Cruise star in the movie, but J.J. Abrams told TV Guide that he'll produce the fourth movie in the action franchise.

"I am incredibly honored that Tom has invited me back as a producer on Mission: Impossible 4," said Abrams, who directed 2006's Mission: Impossible III. "Tom and I have come up with a really cool idea we are pursuing," he added.

The third installment cost about $150 million to make and earned $397.8 million worldwide.

Abrams, of course, directed the latest Star Trek movie and has produced TV shows such as Lost and Fringe.

For those that think the repairing of Tom Cruise's public image is an impossible mission, they should consider the following rumor making the Internet rounds:

Cruise is set to be in another Mission: Impossible film, according to celebrity gossip maven Perez Hilton.

The actor - who is totally in love with Katie Holmes, in case you haven't heard, is reportedly reconnecting with Viacom CEO Sumner Redstone for the film.

"Tom will make M:I 4 once Paramount greenlights the script. There will most definitely be another Mission: Impossible," said a source.

Would you go see Mission: Impossible 4?