Sylvester Stallone Signs for Two More Pics

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Sylvester Stallone has signed lucrative deal to direct and star in two action films with his “Rambo” producers Danny Dimbort, Avi Lerner and Trevor Short of Nu Image/Millennium Films, says The Hollywood Reporter.

Stallone also will produce the films with Kevin King-Templeton and Lerner. Dimbort, Short and Boaz Davidson will serve as executive producers.

Several scripts are being considered for follow-ups to his surprise hit sequels to First Blood and Rocky. With Nu Image/Millennium’s new WGA interim deal speeding up the process, the first script is expected to be locked and loaded by the fall, with production set to begin shortly thereafter.

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