Hollywood star Tom Cruise is working on ‘Top Gun 3’ with Paramount, despite his huge deal with a rival studio. The 61-year-old actor, who is best known for starring as IMP agent Ethan Hunt in much-loved franchise ‘Mission: Impossible’ and Pete Mitchell in ‘Top Gun’, is developing a new sequel of the latter, reports Mirror.co.uk.

As per reports, Tom is working alongside Paramount to produce a new ‘Top Gun’ movie, despite having just signed a deal with Warner Brothers. Just a few days ago, Tom and Warner Brothers` chief David Zaslav shook hands when they announced the ‘Mission: Impossible’ star was being brought in as a key producer for several franchise films with the iconic film studios