Sylvester Stallone Returns for Rambo IV

Millennium Films in conjunction with Emmett/Furla Films and Equity Pictures are partnering on a $50 million Rambo IV, says The Hollywood Reporter. Sylvester Stallone is attached to star.

The story centers on former Vietnam vet John Rambo, who is living a reclusive life back home in the U.S. But when a girl goes missing, he is forced to abandon his quiet lifestyle and take justice into his own hands.

No director is attached, and the screenplay is in the early stages. The film is set to begin shooting in the spring in Mexico and the U.S.

Millennium, which describes Rambo IV as a return to the franchise's original roots, recently announced plans to produce Poe, a film about Edgar Allen Poe, with Stallone helming before seguing to Rambo IV.

Stallone will revisit another 1980s franchise when he begins filming Rocky Balboa in December.