Hollywood festival to honor Sylvester Stallone

Mon Oct 4, 2010 5:37pm EDT
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LOS ANGELES (Hollywood Reporter) - Sylvester Stallone will receive a career achievement award this month at the Hollywood Film Festival.

Stallone will be feted October 20 at the 14th annual fest's awards gala in Beverly Hills.

The event will also pay tribute to Morgan Freeman and business partner Lori McCreary of digital entertainment company Revelations Entertainment for their technological innovations. Director Tom Hooper will be honored with a helming award.

Hooper's "The King's Speech," starring Colin Firth, is considered a leading awards contender. Stallone's most recent film is his acting/directing venture "The Expendables."

<p>Sylvester Stallone poses for pictures during a photo call promoting his new movie "The Expendables" in Berlin, August 6, 2010. REUTERS/Thomas Peter</p>