Netflix To Make ‘Beverly Hills Cop’ Sequel With Eddie Murphy & Jerry Bruckheimer

[Deltron]

Netflix Beverly Hills Cop Sequel Eddie Murphy Paramount License Deal – Deadline

EXCLUSIVE: Beverly Hills Cop Axel Foley will come back to active duty…for Netflix. Paramount has made a one-time license deal — with an option for a sequel — that will enable Netflix to make the fourth installment of the film with Eddie Murphy and producer Jerry Bruckheimer. The studio had been developing a reboot for awhile. It is another example of studios striking inventive deals with Netflix at a time when long gestating sequels like The Shining followup Doctor Sleep, The Terminator: Dark Fate and Zombieland: Double Tap have been hard pressed to measure up to the grosses of their predecessors, with at least two of them in line to lose money because of the high cost of P&A.


This deal gives Netflix a sexy title with a big star and it gives Paramount an opportunity to reap revenue on a library title. Paramount launched the franchise in 1984 with the Martin Brest original, followed by a Tony Scott-directed second installment in 1987 and a third by John Landis in 1994.

This is the third deal between Paramount and Netflix after the streamer acquired Cloverfield: God Particle, which it launched with a surprise Super Bowl spot and a release after the 2018 game and acquired offshore rights on the Alex Garland-directed Annihilation with Natalie Portman, 17 days after its U.S. release by Paramount. Netflix made a similar deal with New Line when it took foreign on last year’s Shaft. All of those deals were for finished films; Netflix will work with Murphy and Bruckheimer to get a scripts and director and finance the Beverly Hills Cop reboot and release it on the streaming service.

It strengthens Netflix’s relationship with Murphy. Netflix’s hot new movie title has Murphy starring in the critically lauded Dolemite Is My Name, playing self made blaxploitation star Rudy Ray Moore. Murphy has also been in discussions to return to the stand up stage for Netflix for the first time since the 1980s, when he catapulted from Saturday Night Live to become one of the world’s biggest movie and stand up stage stars.

Paramount, in turn has Murphy starring in another sequel of one of his beloved characters, Prince Akeem in Coming To America.

Paramount has attempted numerous iterations of Beverly Hills Cop over the past few years, including an attempted TV series that Murphy was going to star in, but which never quite made it to the start line.



This sounds like a better landing place for Axel Foley.

we'll see

least it wasn't that Ratner bullshyt tryna make it like Rush Hour rumor years ago. PG-13 BHC?!

 

[Makavalli]

I dont know what got eddie out of his hibernation but im happy for it. Coming to america 2,a stand up tour possibly now this. Or maybe them bills racking up

 

[MartyMcFly]

There’s an interesting angle here of studios worrying about movies underperforming so finding other distribution channels.

 

[Deltron]

maybe they gonna see how BB3 does...and if they can get some of the other characters back, it'd be dope...they need to get Judge Reinhold

 

[kingdarius]

If you a Eddie fan I guess Netflix not cancelled

 

[steadyrighteous]

There’s an interesting angle here of studios worrying about movies underperforming so finding other distribution channels.

This.

People thought the proliferation of superhero and "tentpole" movies was gonna mean that mid-range movies stopped being made.

It's starting to look like they will be made - they'll just go straight to one of the 3-4 streaming services.

 

[MartyMcFly]

This.

People thought the proliferation of superhero and "tentpole" movies was gonna mean that mid-range movies stopped being made.

It's starting to look like they will be made - they'll just go straight to one of the 3-4 streaming services.

But I think that’s the thing. It’s less about smaller movies being made and more about them being seen in theaters and not being elbowed out because big studios play hardball. As an artist you always want your shyt in front of the most eyes and of course want a studio to pay you top dollar for it. Because Netflix and Hulu etc don’t release numbers, like studios do, it means an artist truly has no measure of their worth. Which is how you negotiate and leverage bigger paydays. And how you really determine if more shyt should be made.

Netflix coming out with statements like “hey people like this thing a lot” is bullshyt.

 

[BobbyBooshay]

Will never top number 2

 

[steadyrighteous]

But I think that’s the thing. It’s less about smaller movies being made and more about them being seen in threatens and not being elbowed out because big studios play hardball. As an artist you always want your shyt in front of the most eyes and of course want a studio to pay you top dollar for it. Because Netflix and Hulu etc don’t release numbers, like studios do, it means an artist truly has no measure of their worth. Which is how you negotiate and leverage bigger paydays. And how you really determine if more shyt should be made.

Netflix coming out with statements like “hey people like this thing a lot” is bullshyt.

Very true.

But Netflix is no longer the only player on the block. In the old days of box office numbers, that's how an artist would measure their worth and negotiate. Nowadays, streamers don't releases numbers, but, all these streamers are fighting for content. They may not release numbers, but they still negotiate against each other for talent and projects. That's how an artist measures their worth now. It used to be "I made X so you pay me Y". Now it's "X wants me for Y, so you pay me Z"

It's not better or perfect, and like everything it mainly threatens the up-and-comers, minorities etc, but I don't see it as another hurdle in the race. I see it as another lane. It still has hurdles, but it's still another lane. The big studios look at streamers like the minor leagues, but if you're a player and there's only 15 roster spots on a major team, the idea of a minor league that pays well is a godsend. Small movies are being elbowed out regardless, for the most part. People have big TVs with thousands of hours of content and free food at home. But maybe I'm wrong on that.



Now if we're talking about how an artist can "graduate" from the minors to the majors that's a whole other conversation

 

[MartyMcFly]

Very true.

But Netflix is no longer the only player on the block. In the old days of box office numbers, that's how an artist would measure their worth and negotiate. Nowadays, streamers don't releases numbers, but, all these streamers are fighting for content. They may not release numbers, but they still negotiate against each other for talent and projects. That's how an artist measures their worth now. It used to be "I made X so you pay me Y". Now it's "X wants me for Y, so you pay me Z"

It's not better or perfect, and like everything it mainly threatens the up-and-comers, minorities etc, but I don't see it as another hurdle in the race. I see it as another lane. It still has hurdles, but it's still another lane. The big studios look at streamers like the minor leagues, but if you're a player and there's only 15 roster spots on a major team, the idea of a minor league that pays well is a godsend. Small movies are being elbowed out regardless, for the most part. People have big TVs with thousands of hours of content and free food at home. But maybe I'm wrong on that.



Now if we're talking about how an artist can "graduate" from the minors to the majors that's a whole other conversation

That’s real

 

[OJ Simpsom]

Cool

 

[BobbyBooshay]

‘Beverly Hills Cop 4’ one step closer to beginning production for Netflix

 

[stepbackj34spud]

Lets go Axel Foley

 

[Suspicious Dingo]

If It's anything like Coming To America 2 they can keep it.

 

[Peter Popoff]

I don't know a good actor that can continue Axel Foleys legacy. A lot of them don't have that kind of charm and humor.