By Dominic La-Viola
After the successful 2010 action comedy Red starring Bruce Willis and Morgan Freeman, a sequel is on the way.
Dean Parisot is in final stages to being signed as the director of the film. Parisot wasn’t the only one after the spot, many directors wanted to take on the franchise. Erica Hoeber and Jon Hoeber, the writers of the first film, have signed back to write the sequel.
Sources say Lionsgate has bought out Summit Entertainment .Sources also say that they are looking to start production after Bruce Willis finishes filming Die Hard 5.