
A year and a half after Mission: Impossible: Dead Reckoning - Part One wrapped principal photography, McQuarrie took to Instagram to celebrate the official production wrap with a behind-the-scenes photo. Written and directed by Mission: Impossible - Fallout's Christopher McQuarrie, Mission: Impossible - Dead Reckoning Part One sees the return of many series regulars, including computer hacker Luther Stickwell ( Ving Rhames), technical specialist Benji Dunn ( Simon Pegg), and former MI6 agent Ilsa Faust ( Rebecca Ferguson). After 27 years and six films, Tom Cruise returns to the action-adventure spy franchise as Imf agent Ethan Hunt in the first of a two-part entry. The news wasn’t all bad.įollowing years of production woes, Mission: Impossible: Dead Reckoning - Part One has officially wrapped. Pre-market, Paramount Global shares (Para) are trading down double digits.

Revenue also came in shy of expectations at $7.265 billion against a consensus $7.42 billion.

In the end, Paramount missed Wall Street’s earnings estimates, even with adjusting for those one-time charges, reporting 9 cents of (adjusted) earnings per share vs. There were also some international cuts to align those operations with the “Paramount+ with Showtime” push. Basically, that massive programming charge is stems from removing content from platforms, abandoning development, and terminating contracts. With dwindling revenue (-8 percent) thanks to the struggling ad market, some lackluster timing at Paramount Pictures, and a $511 million streaming investment, the company reported an operating loss of $1.23 billion. Paramount recognized a giant $1.674 billion programming charge in the first quarter of 2023, due in large part to its plans to merge Showtime with Paramount+. The franchise director defended the star's outburst, saying that it happened during a very difficult time, though he's "glad people understood the intention behind it." Read McQuarrie's full comments below: That all took place during a very complicated and a very uncertain time. Talking to Entertainment Weekly for their 2023 summer preview, McQuarrie addressed Cruise's famous rant from the set of Mission: Impossible - Dead Reckoning Part One.

The highly-publicized rant prompted public reactions from his co-stars and other prominent Hollywood figures. In December 2020, a recording of Cruise's on-set rant leaked online in which he berated crew members for not following proper safety protocols. Expected to be the first half of the Mission: Impossible franchise's two-part conclusion, Dead Reckoning Part One was one of the first major Hollywood productions to shoot during the Covid-19 pandemic. Director Christopher McQuarrie defends Tom Cruise's rant on the set of Mission: Impossible - Dead Reckoning Part One.
