The director of Mission: Impossible - Dead Reckoning, Christopher McQuarrie, recently said that he is still working with Tom Cruise on an R-rated film that will continue Tom Cruise's story after the events of Ethan Hunt.
The Gnarly Movie is still under production, and according to McQuarrie, it will probably be released after the conclusion of Mission: Impossible - Dead Reckoning Part Two.
Christopher said, "There's a movie that Cruise and I are talking about doing next or in some probable next, that Erik [Jendresen, writer] and I developed together – what has been referred to on the internet as The Gnarly Movie. It's that movie that they're all asking for, and that we want to do."
Earlier, McQuarrie revealed, "Tom and I were talking about, had the series continued, to take Reacher to a place where, in the post-Deadpool, post-Joker world, Reacher could have been an R-rated movie and an R-rated franchise and really fed into the brutality of those books. We were fully ready to lean into that."