Tom Cruise in next Mission Impossible

There's reason to rejoice for all Misson Impossible fans! Hollywood heartthrob, Tom Cruise will be back as secret agent Ethan Hunt in another action packed impossible mission!

Tom Cruise is starring in the fourth installment of the Mission: Impossible series.

Paramount Pictures announced Tuesday that Cruise will be back in front of the camera for Mission: Impossible IV, due in theaters over Memorial Day weekend in 2011.

Cruise and Mission: Impossible III director J.J. Abrams previously agreed to produce a fourth movie in the action franchise. But it had not been known if Cruise would star again. Abrams will stick to producing this time, with the search on for a director to shoot the new installment. Josh Applebaum and Andre Nemec are writing the script, based on a story idea from Cruise and Abrams.

The movie reunites Cruise and Paramount, which cut the actor loose from a long-term development deal in 2006.