EXCLUSIVE: Sylvester Stallone Reveals Why He Is Walking Away From 'Rocky'
Sylvester Stallone has publicly announced he is moving on from his long-standing battle to gain an ownership stake in the 'Rocky' franchise. Despite creating the iconic character and writing the original film, Stallone retains no equity in the series.
Why it matters
The story highlights the evolution of intellectual property rights for creators in Hollywood and the financial realities of early-career talent deals.
Sylvester Stallone has opened up about his reasons for stepping away from 'Rocky' and its legacy. MEGA Rocky is ready to hang up his gloves. After decades of fighting for the rights to his iconic character, Sylvester Stallone said he's giving up on seeking a stake in the blockbuster franchise, RadarOnline.com can reveal.
"God, I have tried!" reveals the 80-year-old Hollywood legend, adding: "There was a lot of maneuvering behind the scenes."
Sylvester Stallone said he's giving up his fight for an ownership stake in 'Rocky.'PICJER/imageSPACE / MEGA
But today – 50 years after the 1976 film made him a box office superstar – Stallone said he has "zero ownership" of Rocky or its Creed spinoffs.
"I was told, 'Hey, you got paid, so what are you complaining about?' I was furious," he recalled.
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