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EXCLUSIVE: Chinese exhibition giant Dadi has pre-bought mainland China distribution rights to Sylvester Stallone-fronted action sequels The Expendables 4 and Rambo 5 from Avi Lerner’s Millenium Media.
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Production on both franchises has long-been subject to rumour, but according to sales and production outfit Millenium, which has backed all of The Expendables movies and the latest Rambo installment, Stallone will return for Rambo 5 in September 2018 and star in The Expendables 4 in early 2019.
While there was no official word on the value of the China deal, we understand it is comfortably into eight-figures and essentially constitutes a co-finance agreement on the movies. The Cannes pact was negotiated by Millennium’s President Jeffrey Greenstein and Co-President Jonathan Yunger, and Executive Vice President Yu Yusan and Producer Allen V. Dam on behalf of Dadi’s distribution arm Dadi Film Distribution Co.
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“It’s a great opportunity for Dadi to be involved with Millennium on such notable franchises,” said Dam. “As one of China’s largest exhibitors, we are very excited to be working with Dadi,” added Greenstein.
As we reported earlier this month, in Rambo 5 Stallone will reprise his role as John Rambo, this time crossing the U.S.- Mexico border to do battle with one of Mexico’s most violent cartels to rescue...
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