Netflix nabbed the sequel rights from Viacom's Paramount Pictures via a one-time licensing deal, with Bruckheimer set to produce.
with Eddie Murphy set to star and Jerry Bruckheimer set to produce,The project comes after a one-time licensing deal between Netflix and Paramount to produce the fourth edition of theAs competitors like Disney and Warner Bros. withhold their movies from Netflix to feed their own streaming services, Paramount has become a ready supplier, or "arms dealer" of sorts, of content and licensing rights for the streaming giant.
Netflix and Paramount last year unveiled a multi-picture deal, which Paramount chairman and CEO Jim Gianopulos described as "an incremental revenue stream."
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