According to The Hollywood Reporter, the project will be made thanks to a deal that Netflix inked with Paramount. Eddie Murphy will return as street-smart police detective "Axel Foley" and producer Jerry Bruckheimer, who worked on the first two movies, will also be back. The Beverly Hills Cop franchise, which consists of three films, has earned over $735 million worldwideBeverly Hills Cop III was released in 1994.

Beverly Hills Cop 4: Eddie Murphy returns as "Axel Foley" 

The story centers on "Foley", a Detroit cop who re-locates to California to solve a friend's murder. Beverly Hills Cop 4 is the latest collaboration between Netflix and Murphy after the movie Dolomite Is My NameMurphy is also in negotiations with Netflix for a return to the stand-up comedy stage...

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