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The successful Beverly Hills Cop movie franchise is getting another remake. Netflix has secured the rights to a fourth Beverly Hills Cop sequel starring Eddie Murphy as wisecracking, street-smart Detroit officer Axel Foley.

Netflix has picked up the rights in a one-time licensing deal with Paramount Pictures, according to The Hollywood Reporter.

The first three Beverly Hills Cop films were released in 1984, 1987 and 1994, respectively. The movie franchise shot Murphy to international stardom and cemented his reputation for striking box office gold in the '80s and '90s.

Beverly Hills Cop earned $234 million, making it the highest-grossing film in 1984. The three films grossed $736 million worldwide.

In addition to winning a Golden Globe Award for Best Motion Picture, Beverly Hills Cop also picked up an Academy Award for Best Original Screenplay in 1985.

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Netflix breathed new life into Murphy's stalled career with the movie Dolemite Is My Name, which garnered strong reviews.

Murphy, 58, has no plans to slow down. Next year he will host Saturday Night Live for the first time in over 3 decades before heading out on the road for a sold out comedy tour.