]Movies] Jerry Bruckheimer Signs Three Year Deal With Paramount, Working On Top Gun 2 and Beverly Hills Cop Reboot
Posted by Joseph Lee on 12.06.2013
Axel Foley to go back to Detroit...
Deadline reports that Jerry Bruckheimer has signed a three-year first-look deal with Paramount Pictures that will begin in April 2014. Bruckheimer Films will have "a lot more freedom than at Disney", as Bruckheimer can take projects elsewhere to develop them if he needs to, which he could do with Disney. Bruckheimer said he was impressed with the marketing and distribution team, particularly how they handled World War Z when it was getting negative press. Bruckheimer won't have a discretionary fund at Paramount.
Disney announced in September they would not renew their deal with Bruckheimer, even after Bruckheimer started the Pirates of the Caribbean franchise. This came after the studio lost $190 million on The Lone Ranger, which he also produced. His films have earned $16 billion over the years, with nineteen getting over $100 million each. His deal at Disney was one of the most expensive at around seven figure producing fees, a large overhead and gross. Projects that are set up at Disney will stay there unless they pass on them. One movie that Bruckheimer will take with him is Shake, which follows an FBI agent bringing in a serial killer when an earthquake happens at the killer gets free.
His first project for Paramount will be a new Beverly Hills Cop movie, which is described as a reboot but Eddie Murphy is set to return to play Axel Foley. It will see Foley return to Detroit. The script is still being written. Brett Ratner will direct once he finishes with MGM's Hercules, starring Dwayne Johnson. Bruckheimer produced the first film with his late partner Don Simpson.
Bruckheimer joins a producing roster that includes Lorenzo di Bonaventura, Michael Bay, David Ellison and J.J. Abrams. Bruckheimer, along with Simpson, previously left the studio after 1990's Days of Thunder. He had been negotiating with Warner Bros, where he has a TV deal, but WB dropped out earlier this week.
Another big project for Bruckheimer, which he also produced with Simpson, is a sequel to Top Gun. It is being developed by Skydance Productions and Tom Cruise is set to star.
Paramount Pictures chairman and CEO Brad Grey said: "Jerry Bruckheimer is one of the most creative and prolific producers in motion picture history. His signature style has attracted huge global audiences and we are thrilled to have him back in the Paramount family."