Beverly Hills Cop 4, the long-gestating sequel to Eddie Murphy‘s cop-comedy movies, has been given new life, thanks to a deal among Paramount and Netflix that gives the streaming organization license to develop the movie, EW has learned.

Murphy returns as his conventional character, a detective policing the streets of Beverly Hills, alongside manufacturer Jerry Bruckheimer. Netflix will paintings with the duo and Paramount to finance the movie, rent a director, broaden scripts, and release the sequel on the streaming platform.

Bob Bakish, Viacom’s president and CEO, confirmed the news on Thursday morning in a Viacom profits name with press.

Beverly Hills Cop started out in 1984 whilst the original film, directed then by Martin Brest, hit theaters. Tony Scott helmed the 1987 sequel, and John Landis stepped in for the 0.33 installment, released in 1994.

A fourth generation has been mentioned for years. At one point, there was chatter of a television series — that also in no way got here to fruition. During the press tour for Dolemite Is My Name, another movie Murphy made through Netflix, the actor confirmed to Collider that he was still making plans to make Beverly Hills Cop four after the Coming to America sequel, the latter being launched by means of Paramount.

As for Netflix and Paramount, the two businesses partnered in the beyond on Cloverfield: God Particle, which became dropped as a wonder launch at the streamer the night of Super Bowl 2018. Netflix additionally took over the international release of the studio’s sci-fi film with Natalie Portman and director Alex Garland, Annihilation.