With the latest franchise sequel having entered production last year, Paramount Pictures has some very exciting news today for Mission: Impossible fans. Mission: Impossible 5, formerly planned for release on December 25, 2015, will arrive nearly five months earlier than expected! Look for Tom Cruise’s Ethan Hunt to once again grace the big screen this July 31! The hybrid CGI / live action family film Monster Trucks, meanwhile, will take Mission: Impossible 5‘s original Christmas Day release. That film was previously scheduled for release on May 29, 2015.