Lionsgate leaks 'Rambo V' tidbit

Executives at Lionsgate Films have revealed that a fifth instalment in the Rambo franchise is in development.

An article announcing the arrival of Alli Shearmur and Mike Paseornek as production co-presidents has shown that the movie has been given the go-ahead.

"On the development horizon are Warrior, which Gavin O'Connor co-wrote and will direct; Conan, a fast-tracked project with multiple scripts in the works; Severance Package, with Brett Simon writing and directing; Rambo V, to be written and directed by Sylvester Stallone," it read.

Stallone returned as the action hero in Rambo earlier this year.