“Mission: Impossible 7” has suffered from COVID production delays, a bloated budget, and a stalled theatrical release plan.
in the exhibition in The Hollywood ReporterMany industry insiders have claimed that “Mission: Impossible 7″ is now at the center of a distribution battle between lead star, producer Cruise and production company Paramount Pictures.
after Several production delays related to COVID In “M:I 7,” the studio prepares a 45-day theatrical window for the latest release in the support franchise before presenting it to Paramount+. According to sources, Cruise is set in a more traditional (but definitely outdated) three-month window in 2022.
Cruz allegedly hired a lawyer to reach an agreement with Paramount, but they are waiting until “M:I 7” is over to resume negotiations.
“about [Cruise]45 days is like going to the day and date, a Paramount source told THR. “He also felt that making a time to see the movie on duty would discourage people from going to the theater.”
The release date of Christopher McCurry’s “M:I 7” has been pushed back four times, with the current premiere set for July 14, 2023. According to THR sources, Cruise is now lengthening the production process as a negotiating tactic while also working on the eighth (and final) film. probably)
The Mission: Impossible franchise proved to be a goldmine for Paramount, with 2018’s “Mission: Impossible: Fallout” the highest-grossing film in the series, which grossed $791.6 million worldwide. The Mission: Impossible franchise as a whole has made more than $3.5 billion for Paramount.
“you can do [‘Mission: Impossible’] 7 and 8 even if you had a full list,” a studio veteran told THR. “It wasn’t very expensive by Marvel and Bond standards.”
However, “M:I 7” topped a staggering $290 million budget with tax incentives. Sources indicated that Cruise had “convinced” new Paramount Pictures president and CEO Brian Robbins to give Mission: Impossible more money to finish the seventh film and make the eighth film; It is said that production in “M: I 8” is already in progress.
Former Paramount CEO Jim Giannopoulos is allegedly ousted in part for not convincing Cruise to shorten the theatrical release window for “M:I 7” ahead of Paramount+’s release.
Jim was bridging between what [Paramount’s] Buyer [Redstone] And the [president and CEO] Bob [Bakish] One source said that what he wanted and felt was the right thing to do,” which was to protect the relationship with Cruise. “Part of the reason is [Jim] He went on to say that Shari and Bob thought they could wave a magic wand,” and convince the star to accept the cut-out window, as THR reported. “Tom is very committed to the stage.”
Paramount declined to comment.
Similarly, sources indicate that Cruz will not deal with the new CEO of Paramount Gibbons.
“Tom says what he wants and the studio says what he wants,” said an insider. “Then Tom gets what he asked for.”
That includes a big budget for “M:I 8,” as well as more money allegedly to fund the finishing touches for “M:I 7.”
“M:I 8” is supposed to be released on June 28, 2024.
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