Beverly Hills Cop: Axel Foley Sequel Budget Reaches $150 Million
Entertainment | June 30, 2024, 1:55 a.m.
"‘Despicable Me 4’ may draw families to theaters this July 4th weekend, but adults are buzzing about Netflix’s upcoming release ‘Beverly Hills Cop: Axel F’. With strong test screenings and a $150 million budget, this Eddie Murphy-led action flick is poised to be a standout in Netflix’s lineup. In comparison to other big-budget films like ‘Red Notice’ and ‘The Gray Man’, ‘Beverly Hills Cop’ falls within a more reasonable range. Successful mid-budget action films like ‘Extraction’ and ‘The Old Guard’ have set a precedent for Netflix, and ‘Axel F’ seems poised to follow suit. The star-studded cast and positive social media reaction from a recent event at the historic Egyptian Theater indicate that this could be a major hit for the streaming service. Keep an eye out for reviews as the film premieres on Wednesday, promising an exciting viewing experience for action movie fans."