Last Action Hero for the Sega Mega CD is a cancelled game adaptation of the Arnold Schwarzenegger film of the same name, developed by Bits Studios to be published by Sony Imagesoft. The NES, Super NES, Mega Drive/Genesis, Game Boy and Sega Game Gear versions were released, but they all look different from the Mega CD version, that used pre-rendered characters and background, as in the Bram Stoker’s Dracula CD game. A Sega Master System version was also developed, but never released.
Thanks to Celine for the contribution! (scan from EGM51!)