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Eddie Murphy's much-anticipated Coming to America sequel, Coming 2 America, was sold by distributor Paramount Pictures to Amazon Studios for a reported $125 million.

The sale was made to Amazon Studios as more theaters face bankruptcy amid ongoing closures during the coronavirus lockdown.

Paramount Pictures weighed numerous options for the movie's Christmas premiere -- including selling the rights to Viacom's steaming service CBS All Access.

The expected streaming premiere date is December 18, sources tell Variety.

The original Coming to America, starring Murphy, Shari Headley and John Amos, grossed $300 million in theaters worldwide.

BACKGRID

In the sequel, Prince Akeem is set to become king of the fictional African country of Zamunda when he discovers he has a son in America. Akeem learns he fathered the boy, named Lavelle, with a Queens, NY native (Leslie Jones).

BACKGRID

Akeem and his loyal assistant Semmi (Arsenio Hall) depart for America to find Akeem's son, whom he has never met. Apparently, Akeem kept the NY Yankees bomber jacket he purchased during his first trip to Queens in 1988.

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The movie's supporting cast includes Jermaine Fowler (Lavelle); Tracy Morgan, and Wesley Snipes.

Coming 2 America was filmed on location in Atlanta, Georgia.

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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.