If you were wondering what Tom Cruise was up to these days? or trying to follow through with the development of Mission Impossible 4… You’re in the wrong spot to be in. It’s looking as if MI4 is having some trouble getting started in the preproduction process. With JJ Abrams saying no to the project, it looks as if it’s not gonna lift off anytime soon.

One thing is for sure though. Tom Cruise is setting up for the release of his next movie Knight and Day with Cameron Diaz and Peter Sarsgard costarring.The film is directed by James Mangold. Penned by James Mangold and Scott Frank.

Knight and Day centers on a lonely woman (Diaz) whose seemingly harmless blind date suddenly turns her life upside-down when a super spy (Cruise) takes her on a violent worldwide journey to protect a powerful battery that holds the key to an infinite power source. Grace is playing Diaz’s sister, who is getting married, excited that Diaz will take the place of their late father and walk her down the aisle.

Knight and Day hits theaters on June 25th 2010.