"With the strikes now out of the way, it’s now been confirmed that original Sicario writer Taylor Sheridan and Mission Impossible’s Christopher McQuarrie have been putting the finishing touches on their script for the movie. While both have the capacity to direct and write, with Sheridan, the critically acclaimed creator behind the popular Yellowstone series, and McQuarrie, the director of the Mission Impossible franchise, it remains undisclosed who will be in the director’s chair."
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Essentially, the ongoing WGA strike is what is keeping this from moving forward. But yeah…apparently they’re cookin up something…
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