Mission: Impossible 8 will become one of the most expensive films ever
The Final Reckoning has an eye-watering production budget.
Mission: Impossible – The Final Reckoning is set to be one of the most expensive movies ever made with a giant production budget of $400,000,000 (£310,174,000).
Tentatively confirmed as the last outing for Tom Cruise’s IMF agent Ethan Hunt, the eighth film dropped its teaser trailer in November, packed with heart-stopping stunts including the Hollywood star hanging off a plane.
If that figure is proven accurate, it means The Final Reckoning is officially more expensive than James Cameron’s Avatar: The Way of Water and both Marvel’s Avengers: Age of Ultron and Endgame.
Following long production delays thanks to Covid and the Hollywood actors’ strike, the film was pushed several times, including nearly a whole year from its release date of June 28, 2024, with costs gradually mounting.
There have been whispers of this price tag previously, with The Hollywood Reporter suggesting in November that it was ‘reportedly approaching $400million amid production delays’, which is significantly more than seventh film Dead Reckoning’s budget of an estimated $291m (£225.5m).
Industry expert Matt Belloni has also now reported that the budget is indeed $400m (£310m) on The Town podcast, the latest source to do so.
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Previous Page Next PageAccording to World of Reel, he also noted that, if that’s the case, The Final Reckoning would need to earn a massive $1billion (£775m) worldwide to break even due to the added costs of marketing and publicity among other things.
The same publication also previously reported that a three-hour cut of the upcoming major-budget film was test screened on March 1.
Comment nowAre you looking forward to Mission: Impossible – The Final Reckoning?Comment NowPreviously, the highest-grossing film in the franchise was its sixth movie, 2018’s Fallout, which managed $791m (£613m) globally on a production budget of approximately $180m (£139m) – with an additional $150m (£116m) for promotion and distribution.
Dead Reckoning underwhelmed at the box office two years ago with q worldwide box office haul of $571m (£443m), although it did garner rave reviews with a 96% scoring on Rotten Tomatoes from critics, and 94% from fans.
Tom Cruise is returning as Ethan Hunt (C), but the studio will need to gross $1billion (£775m) to break even with this eighth film in the franchise (Picture: Paramount/Everett/Rex/Shutterstock)So it’s a pretty tall ask for the franchise, whose star and moving force Tom Cruise – alongside writer-director and long-time collaborator Christopher McQuarrie – has suggested he’d be happy to return after all if it does prove a hit.
Not adjusted for inflation, the most expensive movie ever produced remains 2015’s Star Wars: The Force Awakens at $447m (£346m), followed by Jurassic World: Fallen Kingdom in 2018 – which cost $432m (£334m) – and then 2019’s Star Wars: The Rise of Skywalker at $416m (£322m).
Mission: Impossible – The Final Reckoning would then slot in here as the fourth-most expensive film of all time, ahead of 2023’s Fast X on $379m (£293m).
The popular franchise started nearly 30 years ago, in 1996, as an adaption of a TV show (Picture: Paramount Pictures)It’s also still rumoured to be eyeing a premiere slot at Cannes Film Festival in May, and boasts a cast including Hayley Atwell, Ving Rhames, Simon Pegg, Pom Klementieff, Vanessa Kirby, Angela Bassett and Henry Czerny.
Esai Morales is also set to return as villain Gabriel, whose evil assignation for the Entity, an all-powerful AI system looking to rule the world, was revealed in 2023’s Dead Reckoning.
The Mission: Impossible franchise kicked off in 1996 with the first film, based on the 1966 TV series of the dame name, with six more following so far in 2000, 2006, 2011, 2015, 2018 and 2023.
Mission: Impossible – The Final Reckoning is released in the UK on May 21 and in the US on May 23.
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