'Beverly Hills Cop' Sequel With Eddie Murphy Headed To Netflix

Netflix has gotten the rights to make a sequel to "Beverly Hills Cop." Both Eddie Murphy and producer Jerry Bruckheimer are on board to help with the project, and if it all goes according to plan, the contract includes an option for Netflix to create a fifth movie.

Meanwhile, in other Netflix news, Nickelodeon has joined forces with Netflix in an agreement to co-produce feature films and TV series.

The multi-year deal, signed Wednesday, will see some classic Nickelodeon characters, as well as new ones, featured in new projects "for kids and families around the world," according to a statement.

"Nickelodeon has generated scores of characters that kids love, and we look forward to telling wholly original stories that re-imagine and expand on the worlds they inhabit," says Netflix's Melissa Cobb.

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