Summary
The reportedBeverly Hills Cop: Axel Fbudget is absolutely enormous. The fourth movie in theBeverly Hills Copfranchise,Axel Fwill revive a movie series that last saw a release in 1994. The movie will go straight to Netflix on July 3, but it was originally meant to be produced and released in the ’90s. Eddie Murphy will return as Axel Foley, while Joseph Gordon-Levitt stars as Detective Bobby Abbott, and Kevin Bacon as Captain Cade Grant. The rest of theBeverly Hills Cop: Axel Fcastis similarly star-studded.
While it has been decades since the last release, the franchise has considerable backing behind it. According to a report byDeadline,it has a budget of $150 million, which would make it one of Netflix’s most expensive movies. There will be no theatrical release, as the movie will be released straight to the streaming platform. The previous highest budget in franchise history was just $70 million forBeverly Hills Cop III.
How Does Axel F’s Budget Compare To Other Beverly Hills Cop Movies?
Axel F’s Budget Is Twice As Large
TheBeverly Hills Copfranchisehas never come even close toAxel F’s enormous budget.The original had a budget of merely $13 million, and it brought in $234 million at the box office. The incredible success spawned a franchise with a gradually increasing cost. The sequel saw a budget of $27 million, whileBeverly Hills CopIIIwas allotted $70 million. The second moviewas still successful, but the third earned only $199.2 million. That stumble meant a 30-year hiatus, broken only by Netflix’s upcoming movie. Check out the chart below, which showcases each movie’s budget and gross:
$13 million
$234 million
$27 million
$299.97 million
$70 million
$119.2 million
$170 million
TBD
Generally, movies require a box office result of approximately 2.5x the budget to account for the cut that theaters take and the overall marketing budget. ForAxel F, that would mean requiring $425 million, which is a result that noBeverly Hills Copmovie has even come close to reaching.Netflix never relies on traditional box office expectations, however. There is rarely any theatrical cut for the company, as it markets directly to viewers through its streaming platform. That completely changes the calculus and makes it much easier for Netflix originals to reach profitability.
Jerry Bruckheimer & Mark Molloy Reveal How Beverly Hills Cop: Axel F Got Made And Tease Fifth Installment
Beverly Hills Cop: Axel F producer Jerry Bruckheimer and director Mark Molloy talk Eddie Murphy, practical action, and continuing the franchise.
Beverly Hills Cop: Axel F
Cast
Beverly Hills Cop: Axel Foley is the fourth film in the popular comedy franchise starring Eddie Murphy. Murphy returns as Axel Foley in the Netflix film alongside returning cast members Judge Reinhold and John Ashton and Bronson Pinchot as Serge. Kevin Bacon and Joseph Gordon-Levitt also star in the sequel as new characters.
