After this past weekend, Paramount is set to bring another 80s staple back to the big screen. According to Variety, the studio is set to revive its Beverly Hills Cop franchise. Eddie Murphy will be back as Detective Axel Foley and Brett Ratner is in negotiations to direct the fourth film in this franchise.

While no writer has been hired as of yet, it was Murphy himself who pitched the idea of a revival of this film series that started in 1984 with Beverly Hills Cop and was seemingly finished with 1994's Beverly Hills Cop III. The series grossed $712.9 million worldwide collectively.

The studio is eyeing a 2009 production start with a summer tentpole release in 2010.