Netflix has picked up the rights to make a sequel to BeverlyHillsCop, with Eddie Murphy set to star and Jerry Bruckheimer set to produce
has confirmed.
The project comes after a one-time licensing deal between Netflix and Paramount to produce the fourth edition of theViacom CEO Bob Bakish on an analyst call Thursday said the licensing deal between Paramount and Netflix "will produce a new film based on an iconic IP and further expands our relationship with this important original production client."
As 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.of the popular cop comedy from its scheduled March 25, 2016 release slot.
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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