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Tom Cruise Makes Mission 4 Possible

Tom Cruise has signed on to star in the fourth installment of the Mission: Impossible movie franchise, reprising his role as Ethan Hunt in the action flick.

PHOTOS: Tom Cruise Films Action Scene For Knight And Day

Cruise’s last film with Paramount studios was Mission: Impossible III after which the studio head Sumner Redstone fired him and publicly criticized his actions – his highly publicized and much ridiculed jumping on the couch professing his love of Katie Holmes on Oprah and his Scientology rants.

PHOTOS: Tom Hangs On In Action Scene

Since then Cruise has had daughter Suri and married her mother Katie in a lavish wedding in Italy.

The Mission: Impossible franchise has earned $1.4 billion world wide, and the fourth movie is scheduled to film this summer and to be released Memorial Day weekend 2011.