After Beverly Hills Cop 4 was awarded millions of USD tax credit incentives by California, it looks like they are on the verge of commencing production.
The long-awaited fourth instalment of the popular franchise will see the iconic Eddie Murphy reprise his role as Detective Axel Foley. The production will be receiving nearly $15.8 million from the California Film Commission as tax credits, being one of the many projects that are receiving tax credits under the respective banners of Netflix and Paramount.
In their licensing deal with paramount in 2019, Netflix had agreed to make the fourth instalment of the popular 1984 Beverly Hills Cop franchise, which garnered a massive following.
The film will be directed by the Bad Boys For Life duo Adil El Arbi and Bilal Fallah. Beverly Hills Cop 4 will be produced by Jerry Bruckheimer and be based on Andre Nemec and Josh Applebaum’s script.
If this film performs well and is a hit among viewers, there might be a chance of a follow-up film. According to Murphy, “They’ve been trying to make another Beverly Hills Cop for 15 years now.”
He added, “Right now, Netflix has it, and they’re trying to develop a script. That’s what we’re supposed to be doing next. But I’m not doing nothing until the script is right.”
Murphy was most recently seen in another retro-reprisal, Coming 2 America, starring as Prince Akeem. The film received more or less positive feedback due to the “strong” ensemble and “celebrity cameos” as well as for doing “a great job of re-telling the best jokes without overplaying them”.
In 2020, the director duo had confirmed their involvement with the project. They had expressed how “excited they were” and expressed their “hope” to “work with another icon like Eddie Murphy!” Well, it looks like California Film Commission answered their prayers and made their dreams come true.
Besides Beverly Hils Cop 4, thirteen other independent ventures and nine other “non-independent projects” have been commissioned to receive the tax credits. They include Jonah Hill’s Dixon, Kenya Barris’ White Men Can’t Jump, Salma Hayek and Brian Grazer’s Escape, as well as a yet-to-be-announced Aziz Ansari project.