'Beverly Hills Cop IV' is Happening, Signs Acclaimed Directing Duo

"Beverly Hills Cop III" arrived in theaters in 1994. 22 years later, Paramount Pictures' "Beverly Hills Cop IV" has signed on the award-winning Belgian/Moroccan directors of "Black," Adil El Arbi and Bilall Fallah, to direct the fourth installment of Axel Foley's big-city adventures.

More than a year ago the fourth installment of the Eddie Murphy franchise lost its release date, but Variety reports things appear to be back on track with the directing team in place.

Prior to El Arbi and Fallah, "Rush Hour's" Brett Ratner was attached to direct but Murphy was in no rush to do the movie just to make money. "I've read a couple things that look like they can make some paper. But I'm not doing a shitty movie just to make some paper," Murphy told Rolling Stone. The shit got to be right."

There is no word yet on whether the film will retain Josh Appelbaum and Andre Nemec's screenplay, which saw Murphy's Axel Foley return to Detroit during its coldest winter on record.

Jerry Bruckheimer is returning yet again to produce the latest installment with production set to begin in early 2017.

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