EXCLUSIVE: Beverly Hills Cop Axel Foley will come back to active duty…for Netflix. Paramount has made a one-time license deal — with an option for a sequel — that will enable Netf…
have been hard pressed to measure up to the grosses of their predecessors, with at least two of them in line to lose money because of the high cost of P&A.
This deal gives Netflix a sexy title with a big star and it gives Paramount an opportunity to reap revenue on a library title. Paramount launched the franchise in 1984 with the Martin Brest original, followed by a Tony Scott-directed second installment in 1987 and a third by John Landis in 1994.Cloverfield: God Particle
, which it launched with a surprise Super Bowl spot and a release after the 2018 game and acquired offshore rights on the Alex Garland-directedwith Natalie Portman, 17 days after its U.S. release by Paramount. Netflix made a similar deal with New Line when it took foreign on last year’s. All of those deals were for finished films; Netflix will work with Murphy and Bruckheimer to get a scripts and director and finance theIt strengthens Netflix’s relationship with Murphy.
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