With production having finally recently wrapped on the movie,Mission: Impossible 8’s budget has reportedly been revealed. The next installment in the Tom Cruise-led action franchise was initially planned to be the second half of the two-partDead Reckoningstoryline and film back-to-back with the 2023 outing, only for plans to change amid COVID-19 delays. After starting filming in early 2022,Mission: Impossible 8saw more delaysdue to the 2023 SAG-AFTRA strike, including a near-year-long release delay and change in title fromDead Reckoning Part Twoto its current untitled state.
The Hollywood Reporterrecently brought word that Cruise was in early development on a sequel toDays of ThunderafterTop Gun: Maverick’s blockbuster success. Included in the story was the reveal thatMission: Impossible 8’s budget is “reportedly approaching $400 million”, with sources indicating that the balloon in financing stemmed from its various production delays and the 2023 Hollywood strikes. This would make the next movie the most expensive in the franchise, eclipsing the previous high ofMission: Impossible — Dead Reckoningat $291 million.
What This Means For Mission: Impossible 8
The Franchise Is Reaching Its Make-Or-Break Point
Though the various delays in production certainly make sense for the movie’s high budget,the question now becomes whetherMission: Impossible 8will do more than just recuperate those finances. Despite scoring some of the franchise’s best reviews,Dead Reckoningmemorably became the first box office disappointmentfor the series, grossing a little under $600 million against its $291 million production budget which, when paired with marketing and theaters, was short of its reported $600 million break-even point. See how the variousMission: Impossiblemovies compare at the box office and on Rotten Tomatoes in the chart below:
66%
71%
56%
42%
69%
93%
76%
94%
87%
97%
88%
96%
$567.5 Million
BetweenMission: Impossible — Dead Reckoning, and bothTransformers OneandRise of the Beasts,Paramount has found themselves in something of an inconsistent run at the box office. Though the combined might ofA Quiet Place: Day OneandSmile 2have kept them on the positive side of things, when it comes to their triple-digit-cost productions, they haven’t had a runaway hit sinceCruise’sTop Gun: Maverickin 2022.
10 Unanswered Questions After Mission Impossible 7 That Dead Reckoning 2 Must Answer
Mission: Impossible - Dead Reckoning Part One leaves some questions unanswered that will hopefully be resolved in Dead Reckoning Part Two.
ForMission: Impossible 8to come with such a high budget,it also goes a long way to explaining why Paramount is reportedly considering making it the final one. Cruise and writer/director Christopher McQuarrie have been reluctant to confirm such, though the former not only has a busy schedule, but also signed a first-look deal with Warner Bros. earlier this year. With all of these elements in mind,Mission: Impossible 8’s box office may be the make-or-break for the franchise’s future.
Our Take On Mission: Impossible 8’s Budget
The Biggest Movie Would Be The Best Note To Go Out On
Although the combined might of McQuarrie and Cruise have delivered the series' best installments, the insanely high reportedMission: Impossible 8budget tells me the movie is probably the one to send the franchise out on. Even with the production delays, it seems likely that the team are aiming for it to be the biggest one, particularly to close outDead Reckoning’s cliffhanger ending, and with Cruise focused on so many other projects, includingthe developments of bothTop Gun 3andDays of Thunder 2, Ethan Hunt’s adventures may need to come to an end for a while.
Mission: Impossible - The Final Reckoning
Cast
Mission: Impossible - The Final Reckoning follows Ethan Hunt and his team as they pursue a formidable AI called the Entity that has compromised global intelligence networks. With new allies and a haunting figure from Hunt’s past in pursuit, they must act quickly to avert a global catastrophe.
