The actor, who will work alongside producers Danny Dimbort, Avi Lerner and Trevor Short of Nu IMage/Millenium Films, has landed the multimillion-dollar contract after a string of recent box office successes.
He tells the Hollywood Reporter, “The past year and a half of working with Avi, his partners Danny and Trevor, and his film family has been nothing but a high point for me and my career and an extremely rewarding experience. Avi is a real gentleman and a man of his word.”
The 61-year-old wrote, directed and starred in 2006 hit Rocky Balboa–the sixth film about the boxing champion–which grossed over $70 million.
And the star’s eagerly anticipated Rambo follow-up, which was released last month, took over $18 million in its opening weekend alone.
Stallone is now reported to be considering scripts for further sequels in both the Rocky and Rambo franchises–despite vowing never to revive either of the legendary characters again.
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