Fourth Beverly Hills Cop Planned

Rocky, Rambo, Die Hard and Indiana Jones have made successful comebacks after long absences, thus the studios have begun dusting off their other 80’s action franchises looking for milking more potential revenue streams out of their previously retired warhorses.

According to Variety, Paramount intends to bring back detective Axel Foley in a fourth installment of “Beverly Hills Cop”. Eddie Murphy is attached to reprise his role, whilst Brett Ratner (“Rush Hour,” “Red Dragon”) is negotiating to direct.

The original 1984 action comedy shot Murphy to international stardom, was the second biggest earner of the year (behind only “Ghostbusters”), scored a best screenplay Oscar nomination, and was producer Jerry Bruckheimer’s biggest hit until the first “Pirates of the Caribbean” film two decades later.

The third film was released in 1994 and grossed just $44 million domestic. Terribly reviewed and labelled a very generic action-comedy, even Murphy called the second sequel “atrocious” and has said he wants to be more actively involved in any fourth venture.

A writer will be hired shortly to pen the script, whilst Bruckheimer will not be actively involved in this sequel. Shooting begins next year for a Summer 2010 release.