Stallone is currently in talks to get involved in the project on a creative level and to potentially reprise his role as the title character, reported Aceshowbiz.
"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.
"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 eOne TV CEO John Morayniss.
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