News broke last week that Star Trek helmer J.J. Abrams is going to produce Mission: Impossible IV after directing the third installment.
Now, Variety adds that Paramount Pictures is targeting a 2011 release for the sequel.
The trade adds that work on Mission: Impossible IV would inevitably be delayed by the busy schedules of the participants.
Abrams will be responsible for guiding the Star Trek sequel, while Cruise recently committed to an untitled film (formerly called Wichita) for 20th Century Fox that will be directed by James Mangold and co-star Cameron Diaz.
