And lest you think this won't somehow result in another pairing of Cruise and Christopher McQuarrie (who did work on the first movie's script), rest easy – he's in talks to come aboard as a producer and develop the screenplay alongside Shrapnel and Waterhouse.
Quite what they'll come up with is anyone's guess at the moment, especially since the first film seemed to wrap up its story fairly neatly. But given the time-looping aspects, anything is possible. This could be a pre-sequel-semi-reboot-quel set in an alternate dimension where Emily Blunt (assuming she's back) is even more of a badass.
Shrapnel and Waterhouse wrote Jesse Owens biopic Race (due here on June 3) and 2010's Frankie And Alice. They have a variety of scripts in development, including Circle Of Treason, The Gray Man (which McQuarrie is attached to direct) and Diamond.
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