Stallone to star, co-write $40 mil actioner

Stuart Ford’s IM Global is launching pre-sales in Berlin via its Opus label on the new Sylvester Stallone pic “Headshot.”

The $40 million-plus action thriller, currently in pre-production, is helmed by “The Cooler’s” Wayne Kramer and penned by Stallone and “The Messenger” scribe Alessandro Camon.

Stallone will play a New Orleans hitman whose fate becomes intertwined with that of a New York-based detective as they work together to exact revenge on the killers of their former work partners.

Pic, now in pre-production, is produced by Alexandra Milchan, Alfred Gough and Miles Millar and Kevin King Templeton. Templeton produced Stallone pics “The Expendables,” “Rambo” and “Rocky Balboa.” Ford and Deepak Nayar will exec produce; pic is skedded to lense in May in Louisiana and New York.

Ford will descend in Berlin with a slew of titles on offer to buyers including Madonna’s “W.E.,” which will bring Madonna to the fest to screen footage, and Jose Padilha’s Brazilian B.O. hit “Elite Squad: The Enemy Within.”

Outfit is currently in post-production on Jason Statham starrer “Safe,” helmed by Boaz Yakin.

Through IM Global’s Octane genre label, Kevin Smith’s Sundance preem “Red State” and Rob Zombie’s contemporary horror “The Lords of Salem” will also be offered to buyers.

Zombie’s pic is the third offering from Octane’s joint venture with Haunted Movies, the Alliance Films/Jason Blum shingle that also produced “Insidious,” and Barry Levinson’s zombie eco-thriller “The Bay.” “Insidious” sold at Toronto in September and will be released domestically through Sony and FilmDistrict in April.

First footage from “The Bay” will be unveiled to buyers in Berlin.

IM Global has had some robust markets in the past year. At Toronto, the outfit generated $30 million in foreign pre-sales for $45 million 3D pic “Dredd,” while at AFM the company pre-sold a raft of territories for the Reliance-backed “Walking With Dinosaurs 3D” to Fox.

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