Lionsgate has made a deal with Millennium Films to acquire rights to develop and produce all derivative works, including future film and TV productions, of The Expendables franchise, as well as worldwide distribution rights to John Rambothe upcoming sixth installment of the Rambo movie series.
Deadline first reported that Noah Centineo would star John Rambo and that Lionsgate was the front-runner to land the package. Sources now say that the deal has closed. The mini-major will be selling the film at the upcoming American Film Market.
The wide-ranging agreement also makes Lionsgate lead studio and production partner with Millennium on all futures Rambo TV projects moving forward and includes the opportunity for the studio to participate in the future Rambo films. In addition, Lionsgate now holds the rights to develop derivative works based on Expendablesincluding derivative films and TV series, video games, immersive experiences and other cross-platform extensions of the action franchise which has grossed nearly $700 million at the global box office.
Lionsgate already distributes all existing The Expendables films in the US, Canada and the UK. In addition, the studio distributes Rambo (IV) and Rambo: Last Blood (V) in the US and Canada, and holds UK distribution rights to Last Blood. Lionsgate also distributes First Blood (Rambo I), Rambo: First Blood Part II and Rambo III across Latin America and Southeast Asia.
The John Rambo film will introduce a new chapter in the franchise, with Centineo in final negotiations to take the title role and Sisu filmmaker Jalmari Helander set to direct. Production is slated to begin next year in Thailand.
John Rambo will be produced by Millennium Media and Templeton Media, from a screenplay by Rory Haines and Sohrab Noshirvani (The Mauritanian, Black Adam). Kevin King Templeton, Les Weldon and Jonathan Yunger will produce. Dallas Sonnier and Amanda Presmyk of Bonfire Legend executive produce.
The deal was negotiated by Goldsmith, EVP & Co-Head, Acquisitions & Co-Productions Charlotte Koh and SVP of Business & Legal Affairs Christopher Davis on behalf of Lionsgate and by CEO Trevor Short and Yunger for Millennium Media.
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