Sylvester Stallone Signs for Two More Pics

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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