Following the massive success of Mission: Impossible  Rogue  Nation, Paramount and Skydance are hoping to stay in business with  writer-director Christopher McQuarrie. According to sources close to the situation. 
McQuarrie will return to write Mission: Impossible 6, as well as possibly direct the next installment.
 The studio and reps for McQuarrie have declined to comment, but  several sources with knowledge of the situation say talks are  progressing towards a deal being closed, with one insider saying that  the studio plans to get production up and running by next August.
 Tom Cruise is set to star with the studio also holding an option for  Rebecca Ferguson to reprise her Rogue Nation role of Ilsa Faust.  Cruise is currently filming Jack Reacher: Never Go Back in New  Orleans. Following the success of Rogue Nation, Paramount made it  clear they wanted to move fast to get the next installment of the  popular M:I franchise into production sometime next year.
 If McQuarries deal closes, it would mark a major milestone for the  franchise, which has never had a director helm more than one  installment.