UPDATE: 'Rambo' may become TV series

Entertainment One (eOne) is working with Avi Lerner’s Nu Image to develop and produce a TV series based on the iconic action film Rambo.

eOne TV tweeted out a WorldScreen press release announcing the news, which states that the pair have signed an exclusive option agreement to develop the series and shop it to broadcasters in the U.S. and internationally. UPDATE: Despite reports to the contrary, Sylvester Stallone will not reprise his role as Rambo. He may be involved in a creative capacity.

“We’re thrilled to join forces with a renowned producer like Avi and the Nu Image team. The ability to fuse the big screen and the small screen through Avi’s feature film expertise and eOne’s domestic production capabilities and international distribution infrastructure, makes for a highly complementary partnership,” said John Morayniss, the CEO of eOne Television in the release. “Rambo fans cover all demographics and we’re confident that we’ll quickly find this series a home.”

“I’m happy to be partnering with a prolific company like Entertainment One who has a track record of creating high-quality programming for their broadcast partners around the world,” said Lerner in the same release. “And I’m excited by the prospect of collaborating again with my good friend Sly for an encore in this next phase of the Rambo legacy.”