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http://www.comingsoon.net/news/movienews.php?id=17753
Not sure this needed another sequel but maybe Murphy can find the old form
Source: Variety
November 30, 2006
Eddie Murphy will return as detective Axel Foley in Beverly Hills Cop IV, working with Paramount in collaring Lorenzo di Bonaventura as producer, reports Variety.
The new regime at Paramount is keen on reviving the classic action-comedy franchise. Murphy will work closely with the studio and di Bonaventura in reinvigorating and updating the once-lucrative property. The project is out to writers.
Murphy, who will next be in theaters with Dreamgirls, has always been attached to star in the fourth installment.
The first two pics in the franchise, produced by Jerry Bruckheimer and his former partner Don Simpson, did enormous box office. Beverly Hills Cop collected $315.7 million worldwide, while the sequel earned $299.6 million worldwide.
The franchise ran into trouble with the release of Beverly Hills Cop III in 1994. The movie grossed only $44 million domestically.
Not sure this needed another sequel but maybe Murphy can find the old form