The streaming giant purchased the rights from Viacom’s Paramount Pictures via a one-time licensing deal with Eddie Murphy and Jerry Bruckheimer attached to the sequel.
Paramount previously took a planned Beverly Hills Cop sequel off its release schedule. The studio pulled a planned reboot of the franchise from its schedule that was due out in March of 2016 which was also to be produced by Bruckheimer and star Murphy.
The first three Beverly Hills Cop films were released in 1984, 1987 and 1994, respectively, and grossed a total income of $735.5 million worldwide. The films were directed by Martin Brest, Tony Scott and John Landis, respectively. As of right now no director is attached to the upcoming fourth film in the franchise.
Netflix has been taking the world by storm lately with its reboots and sequels of popular film franchises. In 2018 they secured the rights for a sequel to J.J. Abrams’ Cloverfield franchise which would become The Cloverfield Paradox, released right after Super Bowl LII.
Eddie Murphy will again star as Detroit cop Axel Foley and Bruckheimer is on board as a producer of the sequel. No release date has yet been announced for the film.
How excited are you for the sequel to this popular franchise?
I’m looking forward to what Netflix will do with the franchise. Let me know! @zekewestin999
Make sure you hit that little “Follow” button for us on Twitter @TheCinemaSpot and Instagram @thecinemaspot_ and keep it right here for more film and TV news!
Source: The Hollywood Reporter