Entertainment Movies Sylvester Stallone Reprising 'Cliffhanger' Role for Reboot 30 Years After Original Movie The actor starred as mountain climber Gabe Walker in 1993's Cliffhanger By Tommy McArdle Tommy McArdle Twitter Tommy McArdle is a digital news writer at PEOPLE covering stories across all of the brand's verticals. Prior to joining PEOPLE, Tommy covered the entertainment industry at Looper and sports at The Sporting News and Boston.com. He graduated from Emerson College in 2019. People Editorial Guidelines Published on May 1, 2023 03:56 PM Share Tweet Pin Email Trending Videos Sylvester Stallone. Photo: Kevin Mazur/Getty Sylvester Stallone is revisiting one of his classic '90s roles. On Monday, filmmaker Ric Roman Waugh confirmed in an Instagram post that he and Stallone, 76, are teaming up for Cliffhanger, a reboot of Stallone's 1993 action movie of the same name. "Anyone afraid of heights? Let the journey begin," Waugh wrote in a caption to his post, confirming Deadline's report that casting is underway for the upcoming movie. The story for the reboot-sequel remains unknown, but Stallone is expected to reprise his role as mountain climber Gabe Walker, who first appeared in the 1993 original movie. The original film follows Gabe as he rescues several stranded hikers and subsequently realizes he's apprehended a group of violent criminals after a plane heist gone wrong. "Growing up with the biggest action films of the '80s and '90s, working on many of them myself, Cliffhanger was by far one of my favorite spectacles. To be at the helm of the next chapter, scaling the Italian Alps with the legend himself, Sylvester Stallone, is a dream come true," Waugh told multiple outlets in a statement Monday. Sylvester Stallone's Life in Photos TriStar/Everett Collection Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. "It's going to be a great challenge and blast taking this franchise to new heights, a responsibility I don't take lightly," he added. Producer Neal H. Moritz added he will "never forget the thrill I felt watching Sylvester Stallone in Cliffhanger." "I am incredibly excited to be working with [Stallone] and Ric Waugh to continue the story of Gabe Walker and introduce this iconic story to a new generation of filmgoers around the world," Moritz said. Cliffhanger was directed by Renny Harlin and Stallone co-wrote the script; screenwriter Mark Bianculli is writing the new movie, according to Deadline. RELATED VIDEO: Sylvester Stallone Says Family Is 'All That Matters' as He Teases Their 'Shocking' Reality Show Stallone most recently appeared in his Paramount+ series Tulsa King; he also reprises his Marvel Cinematic Universe role as Stakar Ogord in Guardians of the Galaxy Vol. 3, in theaters Friday. In the near future, the longtime Rocky actor expects to appear in the upcoming action movie The Expendables 4, as well as in his upcoming action comedy Never Too Old to Die, according to Deadline. Back in March, Stallone revealed in an Instagram post that it's "about time to start painting again," explaining that he views the visual art form as "similar to writing a short screenplay." "What is wonderful about painting, it's similar to writing a short screenplay, but instead of words, you use strokes and colors to tell your story," Stallone shared with his followers in a caption to his post, which showed a number of his own pieces of artwork.