So Stallone did both his big franchises, Eastwood did another Dirty Harry movie, Indiana Jones is making a killing at the box office, so it was only a matter of time before another actor with a successful film franchise to his name was going to dust it off to make another movie.

That man...Eddie Murphy.
That movie...Beverly Hills Cop.

From Variety....

On the heels of the successful revival of the "Indiana Jones" franchise, Paramount has set in motion a fourth installment of "Beverly Hills Cop."

Eddie Murphy is attached to reprise his role as Detroit detective Axel Foley, and Brett Ratner is negotiating to direct.

Studio is aiming for a 2009 production start and a summer 2010 release.

Lorenzo di Bonaventura will produce. Jerry Bruckheimer, who produced the original "Beverly Hills Cop" trilogy with late partner Don Simpson, won't be actively involved in the new film.

The studio canvassed a number of directors before choosing Ratner. A writer will be hired shortly.

Released in 1984, the original "Beverly Hills Cop" grossed $316 million worldwide and spawned two sequels. All told, the three pics grossed $712.9 million worldwide. The last was released in 1994.
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But when is the last time that Murphy has been relevant at the box office?
How will this do?