As the evolution of streaming and theatrical continues to move right along, some interesting projects are going to come to light. Deadline has now revealed that Netflix has secured the rights from Paramount, who has been developing this for awhile, to do a fourth Beverly Hills Cop movie that includes Eddie Murphy and producer Jerry Bruckheimer.
With Paramount on the outside when it comes to the comic book movie side of things, but having some strong properties like Mission: Impossible, working with Netflix gives them a bit more latitude – and a bit less risk when you see a lot of sequels or reboots not doing so well in theaters but find a good life on home video or streaming.
Netflix and Paramount have done a few things along these lines, such as Cloverfield: God Particle, as well as being the main place to see Annhilation. This also comes at a time when Eddie Murphy is getting praise for his work on Dolemite Is My Name on Netflix.
While there are a lot of things that would be huge roadblocks just in terms of personalities behind it, this is one of those situations where you wonder if in a few years you’ll see Netflix buying out ViacomCBS and getting a lot of IP and distribution to join the majors with.