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ANITom Cruise’s Top Gun 3 Announced: Tom Cruise fans have a reason to rejoice as Paramount Pictures has brought in good news with the announcement of "Top Gun 3" which is officially happening. Cruise is set to return as daring pilot Pete "Maverick" Mitchell. The announcement came Thursday (April 16, 2026) at the studio's showcase at CinemaCon, an annual week-long summit at which Hollywood studios present their biggest upcoming movies to theater owners and press.
Paramount film co-head Josh Greenstein said "Top Gun 3" was "officially in development with a script well underway," adding that Cruise would reunite with producer Jerry Bruckheimer on the project, as reported by news agency AFP. Joseph Kosinski, who directed the second installment of the hit franchise, may return to direct and produce, but as of now 'Top Gun 3' does not yet have an official director attached or a confirmed release date.
The original 1986 film helped propel Tom Cruise to superstardom, while its long-awaited 2022 sequel went on to earn $1.5 billion worldwide, with legendary director Steven Spielberg publicly crediting the veteran actor for helping bring moviegoers back to theaters after the Covid-19 pandemic.
Cruise was not present during the presentation, but did narrate a film used to open the event, which focused on the studio's commitment to releasing films on the big screen. At the end, Cruise, sitting atop the water tower on the studio's lot, says, "The future looks great from here."
Paramount Skydance chief David Ellison told attendees that the studio would guarantee a 45-day theatrical release window for its films before moving them to streaming platforms.
"Once we combine with Warner Brothers, we're going to make a minimum of 30 films annually," Ellison said in a pledge to theater owners. "Long live the movies." Paramount has launched a massive $111 billion bid to take over Warner Bros, topping a rival bid from Netflix.
Paramount film co-head Josh Greenstein said "Top Gun 3" was "officially in development with a script well underway," adding that Cruise would reunite with producer Jerry Bruckheimer on the project, as reported by news agency AFP. Joseph Kosinski, who directed the second installment of the hit franchise, may return to direct and produce, but as of now 'Top Gun 3' does not yet have an official director attached or a confirmed release date.
The original 1986 film helped propel Tom Cruise to superstardom, while its long-awaited 2022 sequel went on to earn $1.5 billion worldwide, with legendary director Steven Spielberg publicly crediting the veteran actor for helping bring moviegoers back to theaters after the Covid-19 pandemic.
Cruise was not present during the presentation, but did narrate a film used to open the event, which focused on the studio's commitment to releasing films on the big screen. At the end, Cruise, sitting atop the water tower on the studio's lot, says, "The future looks great from here."
Paramount Skydance chief David Ellison told attendees that the studio would guarantee a 45-day theatrical release window for its films before moving them to streaming platforms.
"Once we combine with Warner Brothers, we're going to make a minimum of 30 films annually," Ellison said in a pledge to theater owners. "Long live the movies." Paramount has launched a massive $111 billion bid to take over Warner Bros, topping a rival bid from Netflix.
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