Cruise made the announcement on Tuesday night during an appearance on “The Daily Show”, where he was promoting this weekend’s upcoming release, “Mission: Impossible – Rogue Nation“.

Cruise told Jon Stewart, “We’re starting to work on it now”. Well probably start shooting it next summer, ” said Cruise, 53, who has been portraying superspy Ethan Hunt since the first “Mission Impossible” in 1996. Subsequently, he’s embraced projects both interesting (World War II drama Valkyrie, sci-fi original Edge of Tomorrow) and middle-of-the-road (action dramas like Knight & Day and Jack Reacher), and everything has underperformed at the box office.

The four films respectively involved the talents of directors Brian De Palma, John Woo, J.J. Abrams, and David Ellison.

Tom Cruise’s “Mission: Impossible” suspension suit will be up for Auction Spet. The actor is also one of the producers for Mission: Impossible 5.

The IMF in question here is not the worldwide Monetary Fund-that would be a very different thriller-but the Impossible Missions Force, a secret governmental entity tasked with the solemn duty to … do stuff that can’t be done. And in the process, M:I has become one of our more reliably entertaining film series.

“Mission: Impossible: Rouge Nation” is grand in every way!

Cruise’s characterization of Ethan Hunt has been somewhat left out in the cold by the series’ changing personnel and style; he doesn’t usually get much to go on, in terms of personality or motivation beyond a general (bland) need to do what’s right.

New to the cast is Alec Baldwin, who adds some gravitas as Central Intelligence Agency Director Hunley and Rebecca Ferguson does a solid job as the female lead, which is usually the glaring weak spot in these movies as the ladies are interchangeable and only asked to be sexy, deadly and mildly attracted to Tom Cruise.

Nevertheless, Paramount likely wouldn’t mind Cruise and company speeding things along, after the success of Ghost Protocol and the likely success to come for Rogue Nation.