“Mission: Impossible 8” Costs Now $300M+

Paramount Pictures

Late last month came word from the British tabloids that Christopher McQuarrie’s eighth “Mission: Impossible” film hit delays again due to the malfunction of a $25 million submarine being used for scenes.

That came on top of a nine-month delay due to the strikes. The project had only just begun filming again in March and so further pushbacks have sent costs rising.

Just how much those costs are is proving a point of contention. At that time came one suggestion that the expenses were ballooning to nearly $400 million, but that doesn’t seem to be quite the case.

A new report at Puck News (via World of Reel) indicates that the production cost of the movie is “running well over $300 million” at this point, and that’s before factoring in the recent delays.

The film is expected to continue to shoot well into the summer and potentially into the Fall. McQuarrie previously indicated they had filmed 40% of the movie prior to the strikes – including all the Africa and Arctic shooting.

How much of the film is shot at present isn’t clear, nor is how much the production will get back in rebates for doing much of its filming in the UK. For now it’s still on track for a May 23rd 2025 release and a new title in place of “Mission: Impossible – Dead Reckoning Part II” has yet to be announced.

It comes after “Mission: Impossible – Dead Reckoning Part I” grossed just $567 million worldwide last year, the film losing Paramount at least $100 million in its theatrical run.

Combined with the “Gladiator” sequel reportedly ending up costing $310 million before rebates (and additional photography currently underway), Paramount is obviously hoping people will get back out to the cinemas for these films.

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