On this Day in Movie History, May 22, 1986: Sylvester Stallone Signs Deal With United Artists

Sylvester Stallone
Sylvester Stallone agreed to a 10-picture, six-year deal with United Artists. He signed for a reported $15 million for each film . The deal made him the richest actor in Hollywood. Born Michael Sylvester Gardenzio Stallone July 6, 1946, Stallone is an American actor, screenwriter, film director and occasional painter. Stallone is well known for his Hollywood action roles.

Two notable characters he has portrayed are the boxer Rocky Balboa and soldier John Rambo. Rocky was nominated for ten Academy Awards, including Best Actor and Best Original Screenplay nominations for Stallone. The film went on to win the Academy Awards for Best Picture, Best Directing and Best Film Editing. The first installment of Rambo was both a critical and box office success. Two Rambo sequels, Rambo: First Blood Part II (1985) and Rambo III (1988), followed. Although box office hits, they met with much less critical praise than the original.

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