Expendables 3

Source: Millennium Media

Expendables 3

Lionsgate has closed a deal with Millennium Media to acquire rights to develop and produce all derivative works of The Expendables franchise. The studio has also acquired worldwide rights to John Rambo, the upcoming sixth instalment of the action series, and will introduce to buyers at AFM.

The deal means Lionsgate now holds the rights to develop derivative works including future film and television productions, video games and immersive experiences based on The Expendables, a franchise it has distributed in North America and the UK and which has grossed close to $700m at the worldwide box office.

It is now the lead studio and production partner with Millennium on all future Rambo television projects and includes the opportunity for the studio to participate in future Rambo films.

Noah Centineo is in final negotiations to play the title role in John Rambo, which Sisu filmmaker Jalmari Helander will direct from a screenplay by Rory Haines and Sohrab Noshirvani. Production is scheduled to begin next year in Thailand.

Millennium Media and Templeton Media are producing, with Kevin King Templeton, Les Weldon and Jonathan Yunger serving as individual producers. Dallas Sonnier and Amanda Presmyk of Bonfire Legend are the executive producers.

Lionsgate distributed the fourth and fifth Rambo instalments, Rambo and Rambo: Last Blood, in North America, and holds UK rights to Last Blood. It distributed First Blood, Rambo: First Blood Part II and Rambo III across Latin America and Southeast Asia.

Centineo appeared in A24’s Warfare and Netflix’s spy series The Recruit, which Lionsgate Television produced. He will be seen in Legendary’s live-action adaptation of Street Fighter that is scheduled to open on October 16, 2026.

Lionsgate COO Brian Goldsmith, EVP and co-head, acquisitions and co-productions Charlotte Koh, and SVP of business & legal affairs Christopher Davis brokered the deal with Trevor Short and Yunger for Millennium Media.

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