BREAKING: So Paramount Pictures won't be screen-testing any young actors to star opposite Tom Cruise after all. I've learned that the studio has just chosen Jeremy Renner to infuse new blood in its Mission: Impossible franchise. Renner is the Oscar-nominated star of The Hurt Locker and will star alongside Cruise in the fourth installment of the franchise that will begin production in the fall as a reboot. Brad Bird is directing and Cruise is producing with JJ Abrams.

This casting fills a big piece in the Mission: Impossible 4 puzzle, which has included coming to resolution on a budget. The script by Josh Appelbaum and Andre Nemec came in just as Cruise's Knight and Day opened to lackluster U.S. box office which caused Paramount to rethink M:I4 budget. Cruise's deal has now been completed, though his perks package is still being worked out. The film will shoot in the U.S., Vancouver, Prague and Dubai.
Renner only truly reached the A-list with The Hurt Locker even though his earlier work is memorable, but he has the grit, maturity, and chops to take this next big step. It is the second major role for Renner coming out of his turn as the reckless explosives specialist. Renner also will star in Marvel Studios' The Avengers, playing the role of Hawkeye in that star-studded superhero ensemble that will be directed by Joss Whedon. Paramount is expected to release that film under its distribution deal with Marvel Studios, made before the company was acquired by Disney. Renner will next be seen in the Ben Affleck-directed The Town, the GK Films-produced drama that Warner Bros opens September 17.
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