Sylvester Stallone has landed a lucrative deal to direct and star in two new action films alongside the producers of new movie RAMBO.
The actor, who will work along producers Danny Dimbort, Avi Lerner and Trevor Short of Nu IMage/Millenium Films, has landed the mutli-million dollar contract after a string of recent box office successes.
And Stallone is delighted to be staying with the team that worked on Rambo.
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 (GBP35 million).
And the Demolition Man star's eagerly-anticipated Rambo follow-up, which was released in the U.S. last month (Jan08), took over $18 million (GBP9 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.