According to Variety, "M:I 7" now carries a massive $290 million budget which does not account for eventual marketing costs. As one might expect, much of this had to do with the fact that the movie had to navigate filming during the pandemic, resulting in many delays and costly safety measures.
Beyond that, the report reveals that there is pressure on director Christopher McQuarrie and Cruise to deliver the goods as this movie, as well as the planned "Mission: Impossible 8," are expected to conclude this iteration of the franchise. Or, at the very least, the character of Ethan Hunt. From Slashfilm.com Click here for more.