A fourth installment in the Beverly Hills Cop franchise is finally happening.
According to Deadline, Paramount has made a one-time licensing deal with Netflix to bring the long-awaited Beverly Hills Cop IV to the streaming platform, with both Eddie Murphy and producer Jerry Bruckheimer returning to the franchise.
The first Beverly Hills Cop film centered on Murphy's Axel Foley, a Detroit cop who heads to Beverly Hills to solve the murder of a close friend. It became the highest-grossing movie of 1984 and spawned two sequels, Beverly Hills Cop II (1987) and Beverly Hills Cop III (1994). Additionally, CBS ordered a pilot for a TV series based on the property in 2012 before canceling it the next year.
A fourth Beverly Hills Cop film has been in various stages of development since as early as the mid-1990s. In fact, shortly after CBS passed on the aforementioned TV pilot, Paramount gave the film the green light with a 2016 release date, though it was soon pulled from the studio's schedule. And, despite some additional signs of hope in June 2016, plans once again fizzled out.
Beverly Hills Cop IV, starring Eddie Murphy and produced by Jerry Bruckheimer, does not yet have a release date.