In May 2010 , Stallone revealed he was " done " with the character , stating , " I think Rambo ’s pretty well done . I do n’t think there ’ll be any more . I ’m about 99 % sure , I was going to do it ... but I feel that with Rocky Balboa , that character came complete circle . He went home . But for Rambo to go on another adventure might be , I think , misinterpreted as a mercenary gesture and not necessary . I do n’t want that to happen . " At the 2010 Cannes Film Festival , Millennium Films and Nu Image advertised '' Rambo V '' with posters and handouts . Following an interview with Stallone for Ai n't It Cool News , in which the director expressed his desire to end the franchise , Harry Knowles reported that , " He then told me that the folks behind those posters essentially said that if Sly did n't do it - someone else would . And Sly seems fine with that . " In 2011 , Sean Hood was hired to write a new script titled '' Rambo : Last Stand '' that Hood described as " more in line with the small-town thriller of '' First Blood '' . In 2012 , Hood revealed that '' Rambo V '' had been put on hold in order for Stallone to finish '' The Expendables 2 '' . Hood also revealed his uncertainty whether the film would be similar to '' Unforgiven '' or a passing-of-the-torch . In August 2013 , it was announced that Entertainment One and Nu Image would develop and produce a Rambo TV series with Stallone
2010 Cannes Film Festival
2010 Cannes Film Festival
Rambo: Last Blood