Stallone to return for Rambo V
Sylvester Stallone is set to star in Rambo V, after the film was given the go-ahead.
The action star is tipped to reprise his role as troubled war veteran John Rambo in the fifth instalment, which he will also write, following Splendid Film's purchase of the film's rights.
"With Rambo V, Sylvester Stallone returns to his signature role. This time he goes up against the Mexican cartel," a statement on the company's website read.
Sly has reportedly referred to Rambo V as his take on Ethan and Joel Coen's thriller, No Country For Old Men. The film is expected to be released in 2015.
"Stallone, who is also responsible for the screenplay, describes the new Rambo as his version of No Country For Old Men. Like the last Rambo, the producer is Avi Lerner," the statement added.
The 67-year-old has previously expressed some scepticism about revisiting Rambo, saying in early 2014: "I'd love to do another Rambo, but maybe if he works in Las Vegas. Maybe it's run its course."
A fifth Rambo film has been rumoured since the fourth movie's release in 2008. It was quite successful, grossing around 113 million US dollars (£66.4 million) worldwide.
Sly will next reprise his role as Expendables gang leader Barney Ross for The Expendables 3 alongside Jason Statham, Terry Crews and Arnold Schwarzenegger, before reuniting with Terry on drama Reach Me.