Eddie Murphy seems to have found quite the partner in Netflix, because the streaming giant has just struck a huge deal to bring more newness from the legendary funnyman to its platform.
For, fresh from premiering the critically acclaimed ‘Dolemite Is My Name’ and readying a stand-up special from the star, the media force has purchased the licensing rights to the upcoming ‘Beverly Hills Cop.’
Full story below…
Per Deadline, Netflix have inked a unique agreement with Paramount Pictures to bring the follow-up to the 1984 original to its service as an exclusive.
As reported, the title had been at development for over five years at its original studio.
And the benefits are 360.
Because the deal gives Netflix a huge movie with a huge star, while for Paramount it represents an innovative means of accruing revenue from an established franchise (rather than the traditional cinematic roll-out they would have helmed themselves).
The news comes as Murphy gears up for the sequel to ‘Coming To America,’ which debuts December 2020.
Before then, check out our interview with Murphy and the cast of Netflix’s ‘Dolemite Is My Name’…