Star Trek director J.J. Abrams tells TV Guide that he will be producing the fourth “Mission: Impossible” film. “I am incredibly honored that Tom Cruise has invited me back as a producer on ‘Mission: Impossible 4,’” said Abrams, who directed 2006′s Mission: Impossible III, but hasn’t yet committed to directing the fourth.

“Tom and I have come up with a really cool idea we are pursuing,” he added. The third film cost about $150 million to make and earned $397.8 million worldwide. The first pic pulled in $457.7 million worldwide on a $80 million budget and the second took in $546.3 million on a $125 million budget.

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